# Shawcor completes acquisition of ZCL Composites

Shawcor Ltd. acquired all issued and outstanding common shares of ZCL Composites Inc. for $10.00 per share in cash, closing the transaction on April 2, 2019.

- Type: Acquisition
- Announced: 2019-04-02
- Where: Canada
- Status: completed
- Products: composite products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shawcor](https://endata.com/companies/2878.md) (acquirer)
- [ZCL Composites Inc.](https://endata.com/companies/36781.md) (target)

## Sources

- [energynow.ca](https://energynow.ca/2019/04/shawcor-ltd-completes-acquisition-of-zcl-composites-inc/), 2019-04-01: "We are extremely pleased that the acquisition of ZCL has closed and we welcome ZCL's employees to the Shawcor family."
- [newswire.ca](https://www.newswire.ca/news-releases/shawcor-ltd-completes-acquisition-of-zcl-composites-inc--871628115.html), 2019-04-02: "ZCL Composites Inc. is pleased to announce the closing today of the previously announced plan of arrangement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.