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Announced

Syntagma Capital to acquire the paper business of Imerys for €390m.

Financials

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Transaction Value£337m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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paper

talc provider

France

Private

Single Bidder

pulp

Majority

Friendly

Pending

Private Equity

packaging

Acquisition

Cross Border

Containers and Packaging

Synopsis

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Syntagma Capital, a private equity firm, agreed to acquire the paper business of Imerys, a business conglomerate, for €390m. “In Syntagma, we have found a partner that shares Imerys’ values and passion for delivering mineral solutions in a responsible way. We are confident that our employees, customers, and the business overall will flourish and develop under the new ownership. I would like to thank the teams in management, operations and functions for their outstanding work in building this business over the years. I know they will continue delivering excellent results also in the future," Alessandro Dazza, Imerys CEO.

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