Brief: Hexpol Acquires Spanish Wire & Cable Compounder

Hexpol AB

02/03/2021 10:17

March 2 (Reuters) - Hexpol AB  HPOLb.ST :
    * HEXPOL ACQUIRES LEADING SPANISH WIRE & CABLE COMPOUNDER
    * HEXPOL ACQUIRES LEADING SPANISH WIRE & CABLE COMPOUNDER
    * ACQUISITION IS FUNDED BY A COMBINATION OF CASH AT HAND AND
EXISTING BANK FACILITIES.
    * HAS TODAY ACQUIRED 100% OF VICOM 2002 S.L., A SPANISH
POLYMER
COMPOUNDER ACTIVE IN INTERESTING AND GROWING PRODUCT SEGMENT
"WIRE AND CABLE"
    * VICOM WILL BE CONSOLIDATED BY HEXPOL FROM 1 MARCH 2021.
    * VICOM'S TURNOVER 2020 AMOUNTED TO SOME 30 MEUR, IS
PROFITABLE
AND EMPLOYS SOME 30 PEOPLE IN ITS PRODUCTION FACILITY IN
BARCELONA.

Source text for Eikon:  ID:nWkr3tP5gY 
Further company coverage:  HPOLb.ST 

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