Brief: Hexpol Acquires Star Thermoplastic In U.S.

Hexpol AB

14/11/2023 06:09

Nov 14 (Reuters) - Hexpol AB  HPOLb.ST :
    * HEXPOL ACQUIRES THE AMERICAN TPE COMPOUNDER STAR
THERMOPLASTIC
ALLOYS AND RUBBERS, INC.
    * HEXPOL ACQUIRES THE AMERICAN TPE COMPOUNDER STAR
THERMOPLASTIC
ALLOYS AND RUBBERS, INC.
    * ACQUIRED 100% OF SHARES IN AMERICAN TPE COMPOUNDER STAR
THERMOPLASTIC ALLOYS AND RUBBERS, INC. FROM THOMAS A.
DIESCHBOURG
    * ACQUISITION PRICE AMOUNTS TO 26.5 MUSD ON CASH AND DEBT
FREE
BASIS
    * FUNDED BY COMBINATION OF CASH ON HAND AND EXISTING BANK
FACILITIES
    * STAR THERMOPLASTICS WILL BE CONSOLIDATED BY HEXPOL FROM 1
NOVEMBER 2023

Source text for Eikon:  ID:nWkr3ZGJV5 
Further company coverage:  HPOLb.ST 

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