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Announced

Completed

Ezdehar and FMO completed the acquisition of a minority stake in Eagle Chemicals from 8 Miles.

Financials

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

Tags

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Single Bidder

Minority

resins

Completed

Egypt

Disposal

Specialty Chemicals

Acquisition

Private Equity

Friendly

polymer manufacturing

Private

Cross Border

Synopsis

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Private equity firms Ezdehar and FMO completed the acquisition of a minority stake in Eagle Chemicals, a leading producer of resin and polymer products, from 8 Miles, a private equity firm. Financial terms were not disclosed. "We are very pleased with our investment in Eagle Chemicals. We have had a very good working relationship with the founders and senior management team and helped supporting them in achieving strong growth and development over the last seven years. We want to thank them and wish them all success over the coming years," Johan Fransson, 8 Miles Principal.

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