Announced
Financials
Tags
Private
Single Bidder
Italy
adhesives
Production Technology Equipment
Acquisition
Cross Border
Majority
Pending
Friendly
Synopsis
Soudal, a sealants, adhesives and polyurethane foams manufacturer, agreed to acquire a majority stake in Durante Adesivi, a high-performance, sustainable adhesives manufacturer. Financial terms were not disclosed. “We are very proud of this acquisition – which is our biggest ever. The market expertise and future potential of Durante Adesivi will allow us to boost our international ambitions in adhesives and their industrial applications,” Vic Swerts, Soudal Chairman.
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