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Announced

Completed

Rondot Group completed the acquisition of Ramsey glass.

Financials

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

Sources

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Tags

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United States

power transmission

Machinery: Industrial

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Rondot Group, a glass technology provider, completed the acquisition of Ramsey glass, a company which specialises in the production of metal conveyor or power transmission chains for the glass sector. Financial terms were not disclosed. “Ramsey, because of its history, its DNA, its product/market positioning, fits perfectly into the model of the Rondot group: to sell premium quality products, through its distribution network all over the world, to each production plant of hollow glass,” Rondot.

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