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New Deal


Announced

Oben Group to acquire Terphane from Tredegar for $116m.

Financials

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Transaction Value£92m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.8x
EV/EBITDA7.07x
Share Price Premium-
One Off Charge-

Tags

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Brazil

flexible packaging films

Containers and Packaging

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Oben Group, a modern industrial company, agreed to acquire Terphane, the flexible packaging films business of Tredegar, an industrial manufacturer, for $116m. "We believe that the purchase by Oben of Terphane will enhance the scale and growth opportunities in the keenly competitive global flexible packaging market," John Steitz, Tredegar President and CEO.

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