Brief: Colt CZ to take over Synthesia Nitrocellulose in deal worth CZK 22 bln

Colt CZ SE

29/08/2025 06:55

Aug 29 (Reuters) - Colt CZ Group SE CZG.PR:

COLT CZ GROUP AND KAPRAIN ENTER A STRATEGIC PARTNERSHIP IN THE PRODUCTION OF NITROCELLULOSE - STATEMENT

COLT CZ:   PRICE WILL BE PAID THROUGH A COMBINATION OF CASH AND THE ISSUANCE OF NEW COMMON SHARES OF COLT CZ, WHICH WILL REPRESENT APPROXIMATELY 40% OF THE PURCHASE PRICE

COLT CZ:   TOTAL TRANSACTION PRICE IS CZK 22 BILLION BASED ON ENTERPRISE VALUE

COLT CZ:   TRANSACTION WILL BE SETTLED AFTER REGULATORY APPROVALS, EXPECTED NO LATER THAN IN THE FIRST QUARTER OF 2026

COLT CZ WILL ACQUIRE A 51% STAKE IN SYNTHESIA NITROCELLULOSE NOW, WITH THE REMAINING 49% TO FOLLOW UNDER ALREADY AGREED TERMS IN THE MEDIUM TERm

Source text: [ID:]

Further company coverage: CZG.PR

 (Reporting by Jan Lopatka in Prague)

 ((prague.newsroom@thomsonreuters.com; +420 234 721 614;))