Brief: Myers Industries Acquires Trilogy Plastics

Myers Industries

02/08/2021 12:24

Aug 2 (Reuters) - Myers Industries Inc  MYE.N :
    * MYERS INDUSTRIES ACQUIRES TRILOGY PLASTICS
    * MYERS INDUSTRIES INC - FINANCED TRANSACTION WITH ITS
REVOLVING
CREDIT FACILITY
    * MYERS INDUSTRIES INC - EXPECTS TRANSACTION TO GENERATE
COST
SYNERGIES OF APPROXIMATELY THREE PERCENT OF SALES
    * MYERS INDUSTRIES INC - COST SYNERGIES FROM DEAL WILL STEM
PRIMARILY FROM SUPPLY CHAIN OPTIMIZATION
    * MYERS INDUSTRIES INC - ACQUISITION IS EXPECTED TO BE
SLIGHTLY
ACCRETIVE TO EARNINGS IN 2021

Source text for Eikon:  ID:nBw4gyqDVa 
Further company coverage:  MYE.N 

 ((Reuters.Briefs@thomsonreuters.com;))