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New Deal


Announced

Essentra to acquire Wixroyd Group for £36.5m.

Financials

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Transaction Value£36m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales3.5x
EV/EBITDA14x
Share Price Premium-
One Off Charge-

Tags

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industrial parts

industrial components

Private

Acquisition

Majority

United Kingdom

Diversified Industrials

Domestic

Pending

Friendly

Single Bidder

Synopsis

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Essentra, a global provider of essential components and solutions, agreed to acquire Wixroyd Group, a UK supplier of industrial parts for the engineering sector, for £36.5m. "I am delighted to announce the acquisition of the Wixroyd Group, which will further strengthen Essentra's expertise and leading product portfolio to the benefit of our customers. Our plan is to launch Wixroyd products to Essentra's Continental European customers, further strengthening the breadth of our offer," Scott Fawcett, Essentra CEO.

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