Announced
Completed
Financials
Tags
United States
Completed
Single Bidder
manufactring
Fiberglass supplier
Building Materials: Other
Acquisition
Cross Border
Majority
Private
Friendly
Synopsis
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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