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Announced

Completed

Eternis completed the acquisition of Tennants Fine Chemicals.

Financials

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

Sources

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Tags

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Chemicals: Diversified

Majority

Cross Border

Friendly

specialty chemicals manufacture

United Kingdom

Single Bidder

Private

Acquisition

Completed

Synopsis

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Eternis, a manufacturer of aroma chemical products, completed the acquisition of Tennants Fine Chemicals, a global supplier of liquid chemicals. Financial terms were not disclosed. “This large independent, high-end manufacturer enhances our business and brings with it many strategic advantages. We will have established operations in Europe, Asia and the USA, and the ability to service our customers from stock hubs and partners. The combined product will position us well for further growth," Rajen Mariwala, Eternis Managing Director.

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