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New Deal


Announced

HEXPOL to acquire a 70% stake in almaak international for €70m.

Financials

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Transaction Value£57m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales1.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

Majority

Private

Cross Border

Germany

Acquisition

plastic fabrication

Pending

Chemicals and Synthetic Fibres

Synopsis

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HEXPOL, a global developer and manufacturer of quality polymer compounds, agreed to acquire a 70% stake in almaak international, a specialist in high quality recycled engineered polymer compounds based in Germany, for €70m. "The acquisition of almaak is fully in line with our growth strategy and we welcome the almaak team to the HEXPOL Group. almaak’s focus and expertise on high quality recycled engineered compounds also fits very well into our sustainability development," Georg Brunstam, HEXPOL Group CEO.

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