Brief: Trelleborg To Acquire Baron Group For USD 300 Mln

Trelleborg AB

06/02/2024 12:42

Feb 6 (Reuters) - Trelleborg AB  TRELb.ST :
    * TO ACQUIRE BARON GROUP, A PROMINENT AUSTRALIAN-CHINESE
COMPANY
IN MANUFACTURING OF ADVANCED PRECISION SILICONE COMPONENTS
    * PURCHASE PRICE IS USD 300 M ON A CASH AND DEBT-FREE BASIS
    * BARON GROUP GENERATED SALES OF APPROXIMATELY SEK 1,000 M
IN 2023
    * SELLER MAY ALSO POTENTIALLY RECEIVE ADDITIONAL AMOUNT OF
CONDITIONAL CONSIDERATION OF UP TO USD 100 M AFTER THREE YEARS

Source text for Eikon:  ID:nMFNQ8VDx 
Further company coverage:  TRELb.ST 

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