# 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.

- Type: Acquisition
- Announced: 2021-11-03
- Where: Malaysia
- Value: $3.10M (13.0M MYR)
- Status: announced
- Products: synthetic latex polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hextar Global Bhd](https://endata.com/companies/15784.md) (acquirer)
- [TufBond Technologies Sdn Bhd](https://endata.com/companies/15785.md) (target)

## Sources

- [thestar.com.my](https://www.thestar.com.my/business/business-news/2021/11/03/hextar-global-to-acquire-synthetic-latex-polymer-manufacturer-for-rm13mil), 2021-11-03: "The acquisition allows Hextar to widen its customer base further to include textile, automotive and construction sectors."

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