Announced
Financials
Tags
polymers
Private
Diversified Materials
Majority
France
Acquisition
Single Bidder
Friendly
composites
Pending
Synopsis
XTECH, investment vehicle, agree to acquire Sintex NP, an European specialists in the processing of polymers, composites and precision metal parts from Sintex Holdings for $174m. "The whole group is delighted by the interest Siparex and its co-investors are showing. Their support will enable us to continue and strengthen our growth policy and in particular to develop in new geographical areas," Eric Pisani, Sintex NP CEO.
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