Announced
Completed
Financials
Sources
Tags
diversified industrial products
Friendly
Majority
Diversified Industrials
Single Bidder
Private
Acquisition
Saudi Arabia
Completed
Synopsis
Bawan, a ready-mix concrete manufacturing company, completed the acquisition of Arnon Plastic Industries, a provider of synthetic resins, plastics materials, and nonvulcanizable elastomers, for $51m. The deal comes within Bawan’s strategy to diversify its customer base and product mix.
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