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New Deal


Announced

GreatStar to acquire Joh. Friedrich Behrens for €28m.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Acquisition

Single Bidder

Cross Border

Germany

Private

Pending

fastening technology

Diversified Industrials

Majority

Synopsis

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GreatStar, an industrial conglomerate, agreed to acquire Joh. Friedrich Behrens, a pan-European manufacturer of fastening technology, for €28m. Closing of the transaction is subject to various conditions, in particular the approval of the creditors' committee as well as antitrust and foreign trade clearance.

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