Tiderock Companies to acquire controlling interest in MTAG Composites

Tiderock Companies signed a Letter of Intent to acquire 90% of UK-based composites manufacturer MTAG Composites for £6.75 million (approx. $8.44 million). The transaction is expected to close by March 31, 2024.

“Tiderock Companies, Inc. is pleased to announce the signing of a Letter of Intent to acquire controlling interest of MTAG Composites LTD.”accessnewswire.com

• 2 sources
• accessnewswire.comTiderock Companies and MTAG Composites to Merge to Create Global Materials CompanyTiderock Companies, Inc.Feb 20, 2024
• newswire.comTiderock Companies and MTAG Composites to Merge to Create Global Materials Company | NewswireTiderock Companies, Inc.Feb 20, 2024

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