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New Deal


Announced

Completed

Prysmian Group completed the acquisition of EHC Global for $97m.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.1x
EV/EBITDA6.9x
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Canada

Building Materials: Other

Majority

integrated solutions

Acquisition

Single Bidder

Private

Friendly

Completed

Synopsis

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Prysmian Group, a manufacturer of energy and telecom cable systems, completed the acquisition of EHC Global, a manufacturer and supplier of escalator handrails, rollers, elevator belts, strategic components and integrated solutions for the vertical transportation industry, for $97m. The acquisition of EHC Global is in line with Prysmian Group’s strategy to grow and reinforce its value- added businesses. EHC Global is a complementary add-on to Prysmian’s Draka Elevator business, broadening its product portfolio to include a wide range of escalator products and services.

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