Announced
Completed
Financials
Tags
Medical Equipment
Acquisition
Cross Border
Austria
industrial polymer
Majority
Friendly
Single Bidder
Private
Completed
Synopsis
HARPS, a gloves manufacturer, completed the acquisition of the medical business of Semperit, a manufacturer of industrial polymer and plastic products, for €115m. “With the divestment of the medical business, we have implemented our transformation into an industrial rubber resp. elastomer specialist and will fully focus on the further development and expansion of our leading position in the core business for industrial polymer products in the future. At the same time, we have found a responsible owner for the medical division in HARPS, which specialises in the glove business and thus expands its product portfolio and sales markets," Karl Haider, Semperit CEO.
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