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New Deal


Announced

Completed

Hill & Smith completed the acquisition of Enduro Composites for $35m.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Completed

Single Bidder

manufactring

Fiberglass supplier

Building Materials: Other

Acquisition

Cross Border

Majority

Private

Friendly

Synopsis

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Hill & Smith, the international group creating sustainable infrastructure and safe transport through innovation, completed the acquisition of Enduro Composites, a manufacturer of products and innovative solutions that deliver long-term value for challenging applications in building construction, cable management, infrastructure, and process operations, for $35m. "The acquisition of Enduro is in line with our strategy to undertake disciplined M&A that is aligned to our focus on niche markets with excellent long-term growth potential. The acquisition of Enduro will further develop our product offering and expand our geographical coverage in the highly attractive composites market. I am delighted to welcome Enduro and its employees to the Group," Alan Giddins, Hill & Smith Executive Chair.

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