Hextar Global to acquire TufBond Technologies for RM13 million

Hextar Global Bhd agreed to acquire TufBond Technologies Sdn Bhd, a manufacturer of synthetic latex polymers, for RM13 million cash. The acquisition includes a profit guarantee of RM2 million per year for three years.

“The acquisition allows Hextar to widen its customer base further to include textile, automotive and construction sectors.”thestar.com.my

• 1 source
• thestar.com.myHextar Global to acquire synthetic latex polymer manufacturer for RM13mil | The StarThe Star OnlineNov 3, 2021

Summarized from public sources; check the original articles before acting on it.