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New Deal


Announced

Completed

DeLaval completed the acquisition of milkrite | InterPuls from Avon Rubber for $233m.

Financials

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Transaction Value£180m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.5x
EV/EBITDA16.36x
Share Price Premium-
One Off Charge-

Tags

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Machinery: Specialty

Private

Cross Border

Majority

Single Bidder

milking systems

parlour upgrades

Acquisition

Completed

dairy technology

Friendly

United Kingdom

Synopsis

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DeLaval, a producer of dairy and farming machinery, completed the acquisition of milkrite | InterPuls, a miking solutions provider, from Avon Rubber, an industrial machinery producer, for $233m. “We are proud to welcome milkrite | InterPuls to the DeLaval Group. milkrite | InterPuls is a very successful company with a strong brand and trademark portfolio acknowledged by dairy farmers across the world. milkrite | InterPuls will operate as a stand-alone company in the DeLaval organisation although Craig Sage, Managing Director of milkrite | InterPuls, will report directly to me”, Joakim Rosengren, DeLaval President & CEO.

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