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Announced

Completed

Tangent Technologies completed the acquisition of Bedford Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Building Materials: Other

United States

Single Bidder

Completed

Friendly

Majority

plastic lumber

Acquisition

Private

Synopsis

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Tangent Technologies, a manufacturer of high-density polyethylene lumber, completed the acquisition of Bedford Technology, a plastic lumber extruder in North America. Financial terms were not disclosed. "We are excited to partner with Bedford and expand the combined plastic lumber product lines and solutions. With the addition of Bedford, we will build a broader facility footprint across North America as well as build one of the best alternative material innovation organizations for our customers," Guy DeFeo, Tangent CEO.

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