.
MergerLinks Header Logo

Announced

Completed

Bodycote completed the acquisition of Ellison Surface Technologies for $200m.

Financials

Edit Data
Transaction Value£162m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales3.4x
EV/EBITDA16.2x
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Private

United States

Paints and Coatings

powder coatings

Acquisition

Friendly

metal coating

thermal sprays

Majority

Single Bidder

Synopsis

Edit

Bodycote, a provider of heat treatment and specialist thermal processing services, completed the acquisition of Ellison Surface Technologies, a provider of metal coating and allied services, for $200m. "Ellison's business is one that we have long respected and is a perfect strategic fit for Bodycote's aerospace and Specialist Technologies' businesses. Ellison has been successful in winning new business in recent years and it will be very complementary to Bodycote's existing Surface Technology business," Stephen Harris, Bodycote CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US