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New Deal


Announced

Acrysil to acquire Tickford Orange for $14m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Cross Border

Private

United Kingdom

Acquisition

Household Appliance

Friendly

work surfaces

Single Bidder

Majority

Synopsis

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Acrysil, a firm engaged in the manufacturing and trading of kitchen sinks and other appliances, agreed to acquire Tickford Orange, a producer of solid surface products for kitchens and bathrooms, for $14m. "This acquisition will now allow us to further strengthen our presence and market share in the UK market and gain access to a loyal customer base thus providing potential new sales channels and cross-selling opportunities," Chirag Parekh, Acrysil Chairman and Managing Director.

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