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Announced

Completed

SOL Group completed the acquisition of a 55% stake in Wonsak carbonic Service.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For55%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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dry ice

Specialty Retailers

Acquisition

Private

Friendly

Single Bidder

Germany

Cross Border

Majority

Completed

Synopsis

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SOL Group, a multinational group operating in the technical, industrial and medical gases and home care sectors, completed the acquisition of a 55% stake in Wonsak carbonic Service, a dry ice production and distribution company. Financial terms were not disclosed. "We are pleased with this new partnership, which confirms SOL Group's desire to continue its international expansion, including by strengthening its presence in the European markets where it already operates, with a focus on highly specialized segments,” Aldo Fumagalli Romario, SOL Group Chairman and CEO.

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