Shawcor to acquire ZCL Composites for $308 million

Shawcor Ltd. announced it will acquire all shares of ZCL Composites Inc. for $10.00 per share, representing an aggregate equity value of approximately $308 million. The acquisition is expected to close early in the second quarter of 2019.

“The acquisition of ZCL is compelling for Shawcor as it allows us to leverage our material science expertise to broaden our composite product and service offering.”einpresswire.com

• 2 sources
• einpresswire.comShawcor to Acquire ZCL CompositesJan 21, 2019
• newswire.caZCL Composites to be Acquired by Shawcor Ltd.ZCL Composites Inc.Jan 21, 2019

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