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New Deal


Announced

Arsenal Capital-backed Meridian Adhesives to acquire the adhesives division of John P. Kummer.

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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Single Bidder

Pending

sealants

Acquisition

Majority

Specialty Chemicals

Private

Germany

Friendly

adhesives

Private Equity

Synopsis

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Arsenal Capital-backed Meridian Adhesives, a manufacturer of adhesives and sealants technologies, agreed to acquire the adhesives division of John P. Kummer, a specialist distributor of instruments used in the manufacturing of semiconductors. Financial terms were not disclosed. The deal is expected to be completed by the end of April 2020. “Joining Meridian will allow us to open the gate to a much wider and diversified portfolio. Our positive reputation in the market combined with the technical support of Meridian will offer our clients the best of both worlds,” Nicolas Schwarz, John P. Kummer Managing Director.

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