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HEXPOL acquires 70% of almaak international GmbH · Endata

◂ Announcements

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Mar 8, 2022ACQUISITIONGermany, Germany

HEXPOL acquires 70% of almaak international GmbH

HEXPOL has signed an agreement to acquire 70% of the shares in almaak international GmbH, a specialist in high quality recycled engineered polymer compounds based in Germany. almaak's turnover in 2021 was 75 MEUR.

Value

$77.0M (70.0M EUR)

Status

Announced

Productsrecycled engineered polymer compounds

CompaniesHexpol acquirer almaak international GmbH target almaak target

Sectors#Plastics and Polymers

“The acquisition of almaak is fully in line with our growth strategy and we welcome the almaak team to the HEXPOL Group.”news.cision.com

2 sources
news.cision.comHEXPOL has signed an agreement to acquire 70% of the shares in almaak international GmbH, a specialist in advanced recycled engineered compounds - HEXPOLMar 8, 2022
european-rubber-journal.comHexpol completes 70% acquisition of recycled polymer compounder | European Rubber JournalApr 5, 2022

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

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