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New Deal


Announced

Duravant to acquire Votech.

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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Acquisition

Cross Border

Friendly

bag filling machines

Machinery: Industrial

Pending

Private

Single Bidder

Majority

Netherlands

palletizer machines

Synopsis

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Duravant, a global engineered equipment and automation solutions provider, agreed to acquire Votech, a manufacturer of bag filling machines, palletizer machines, stretch hood machines and pallet transport systems. Financial terms were not disclosed. "The combination of Votech’s expertise in bag management and palletizing and Fischbein’s portfolio of bag sealing and sewing equipment creates a complementary fit between the two companies," Duravant.

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