.
MergerLinks Header Logo

New Deal


Announced

Completed

Clearlake Capital-backed Unifrax completed the acquisition of Rex Materials Group.

Financials

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

Tags

Edit

Completed

Private

Single Bidder

heat containment

refractory products

Acquisition

Electronic Equipment: Control and Filter

United States

Majority

high-temperature material systems

Friendly

Private Equity

Synopsis

Edit

Clearlake Capital-backed Unifrax, a provider of high-performance specialty materials, completed the acquisition of Rex Materials Group, a manufacturer of engineered thermal components. Financial terms were not disclosed. "This acquisition represents another step in the continued implementation of our long-term growth strategy and our focus on delivering energy efficient, environmentally friendly solutions around the world. The addition of Rex Materials expands our portfolio of high temperature engineered thermal components, enhances our overall manufacturing capabilities and supports our mission of creating a 'Greener, Cleaner and Safer' world. We are excited to add the Rex Materials team to our global Unifrax family and look forward to working together as we execute our compelling shared growth plan," John Dandolph, Unifrax President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US