Brief: XPEL Acquires PermaPlate Film LLC

XPEL

25/05/2021 23:40

May 25 (Reuters) - Xpel Inc  XPEL.O :
    * XPEL ACQUIRES PERMAPLATE FILM LLC
    * XPEL INC - XPEL IS ACQUIRING PERMAPLATE FILM FOR $30
MILLION IN
CASH, SUBJECT TO CUSTOMARY ADJUSTMENTS
    * XPEL INC - XPEL IS FUNDING TRANSACTION WITH EXISTING CASH
ON
HAND
    * XPEL INC - EXPECTS TO INCUR APPROXIMATELY $0.5 MILLION IN
ACQUISITION AND INTEGRATION RELATED CHARGES IN 2021
    * XPEL - EXPECTS FY POST-SYNERGY EARNINGS BEFORE INTEREST,
TAXES &
DEPRECIATION OF ABOUT $6.0 MILLION TO OCCUR ON A RUN-RATE BASIS
STARTING IN Q4 2021

Source text for Eikon:  ID:nBw3JHT3wa 
Further company coverage:  XPEL.O 

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