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New Deal


Announced

Completed

HARPS completed the acquisition of the medical business of Semperit for €115m.

Financials

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Transaction Value£98m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Equipment

Acquisition

Cross Border

Austria

industrial polymer

Majority

Friendly

Single Bidder

Private

Completed

Synopsis

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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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