Announced
Ten Cate to acquire Hydratec Industries for €185m.
Financials
Transaction Value£158m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium52.4%
One Off Charge-
Tags
Netherlands
hydraulic cylinders
Acquisition
Machinery: Industrial
Domestic
Public
Tender Offer
Majority
Pending
Friendly
Single Bidder
Synopsis
Ten Cate Investeringsmaatschappij, the investment vehicle of the Ten Cate family, offered to acquire Hydratec Industries, a supplier of hydraulic cylinders and accumulators, for €185m.
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