Oct 11, 2020ACQUISITIONSwitzerland Recticel to acquire FoamPartner from Conzzeta for CHF 270 million
Recticel NV has entered final talks to acquire 100% of FoamPartner from Swiss-listed Conzzeta AG for an enterprise value of CHF 270 million, with CHF 20 million payable in January 2022. The deal is expected to close in Q1 2021.
Value
$295.0M (270.0M CHF)
Productspolyurethane foams
“Cash deal for an enterprise value of CHF 270 million, CHF 20 million of price being payable in January 2022.”stockopedia.com
- 3 sources
- stockopedia.comRECTICEL SA | Brief: Recticel In Final Talks With Conzzeta To Acquire FoamPartnerOct 11, 2020
- marklines.comRecticel discusses final agreement of FoamPartner acquisition with ConzzetaNov 10, 2020
- lincolninternational.comSwiss-listed Conzzeta Group has sold FoamPartner to Recticel - Lincoln International LLCNov 11, 2020
Summarized from public sources; check the original articles before acting on it.