Synthomer to sell laminates, films and coated fabrics businesses to Surteco North America for $255M

Synthomer plc agreed to sell its laminates, films and coated fabrics businesses to Surteco North America, Inc. for a total enterprise value of approximately US$255 million (£208 million). The net proceeds are expected to be approximately US$245 million.

“Synthomer plc today announces it has agreed to the sale of its laminates, films and coated fabrics businesses to Surteco North America, Inc.”investegate.co.uk

• 2 sources
• investegate.co.ukInvestegate | Company AnnouncementInvestegateDec 13, 2022
• markets.ft.comProposed Sale of Laminates, Films & Coated Fabrics – Company Announcement - FT.comDec 13, 2022

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