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New Deal


Announced

Profile Products to acquire Quick Plug from Dümmen Orange.

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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Private

Pending

Specialty Chemicals

engraved substrates

Majority

Acquisition

Domestic

United States

Friendly

Single Bidder

Synopsis

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Profile Products, a developer and manufacturer of engineered specialty agriscience materials, agreed to acquire Quick Plug, a producer of stabilized sowing and cutting substrates, from Dümmen Orange, a provider of vegetative-breeding services. Financial terms were not disclosed. "With the addition of Quick Plug, we are able to not only expand our offerings to current ornamental customers and the controlled environment agriculture market, but support food production to ensure food security around the world. We are excited to bring on board a like-minded team that shares our strategic vision of growth through innovative technology to deliver reliable products," Jim Tanner, Profile Products CEO.

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