Announced
Financials
Tags
extrusion solutions
Private
Acquisition
United Kingdom
Diversified Industrials
Synopsis
Essendra, a supplier of plastic and fibre products, sold its extrusion business to Inter Primo, which manufactures extruded plastic profiles, for £14.4m. Commenting on today's announcement, Paul Forman, Chief Executive said: "The sale of Extrusion not only represents good value for Essentra's shareholders, but also provides the business with a strong platform for future successful growth given Inter Primo's established presence in the extrusion industry. We wish the business every success in the future."
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