Brief: Tessenderlo Announces Acquisition Of REHAU Tube Plant In France

Tessenderlo NV

19/12/2019 07:12

Dec 19 (Reuters) - Tessenderlo Group NV  TESB.BR :
    * TESSENDERLO GROUP TO ACQUIRE REHAU TUBE PLANT IN FRANCE
    * THE ACQUISITION IS EXPECTED TO BE COMPLETED BY MAY 1, 2020
    * MARKETING AND SALES ACTIVITIES FOR THE BUSINESS WILL BE
TAKEN
OVER WITH EFFECT FROM MARCH 1, 2020
    * TRANSACTION HAS NO MATERIAL IMPACT ON THE RESULTS OF
TESSENDERLO
GROUP
    * INTENDS TO INTEGRATE REHAU TUBE BUSINESS WITHIN DYKA GROUP
BUSINESS UNIT AFTER COMPLETION OF ACQUISITION

Source text: https://bit.ly/2PYIa0h
Further company coverage:  TESB.BR 

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