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Announced

Completed

Mergon Group completed the acquisition of Weltonhurst.

Financials

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

Sources

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Single Bidder

Domestic

Majority

Friendly

blow moulding

Acquisition

Completed

United Kingdom

Plastics

Private

Synopsis

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Mergon Group, a plastic manufacturing company, completed the acquisition of Weltonhurst, a supplier of technical blow moulded components. Financial terms were not disclosed. “The acquisition of Weltonhurst represents a considerable strategic expansion of Mergon’s operations and footprint internationally. Operating in the UK will both safeguard seamless service for our UK customers following Brexit and will enhance our capabilities in large part, small volume moulding. We are excited to have the opportunity to extend our services and processes to a new host of UK customers, while also being able to rely on Weltonhurst’s world-class facilities to enhance the design and manufacturing capabilities that we can offer to our existing customers. We have ambitious plans to grow our industrial division in the areas of traffic management and packaging products, and this acquisition gives us the springboard to launch that initiative,” Pat Beirne, Mergon CEO.

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