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New Deal


Announced

Altrad Group to acquire MDK Energy and Muehlhan Industrial from Muehlhan.

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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Denmark

Paints and Coatings

Majority

Single Bidder

oil and gas services

Private

Friendly

coatings business

Pending

United Kingdom

Cross Border

Acquisition

Synopsis

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Altrad Group, a manufacturer and supplier of industrial equipment, agreed to acquire MDK Energy and Muehlhan Industrial, providers of trading and services related to the oil and gas industry, including paint, coating and surface treatment works and renting out scaffolding, from Muehlhan, an industrial services company. Financial terms were not disclosed. ` This transaction further implements the strategy of Muehlhan to focus on its core business interests, and it positions the oil and gas business with a new dynamic owner who plans to grow and further develop the business.

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