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New Deal


Announced

Portals to acquire the security business of Fedrigoni for $30.6m

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Paper

Pending

paper and packaging

Private

paper manufacturing

Italy

Majority

Friendly

Cross Border

Single Bidder

Private Equity

Synopsis

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Portals, a UK-based supplier of banknote and security paper, agreed to acquire the security business of Fedrigoni, a producer of specialty papers and high value-added products for packaging, graphics and self-adhesive labels, for $30.6m "We look forward to the completion of the transactions and to welcoming Fedrigoni’s skilled and experienced Bollate team to Portals as we continue to develop a leading, integrated security paper business. This transaction will enable Portals to develop and deliver more quickly and efficiently, the leading security products our customers require," Ross Holliday, Portals CEO.

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