Renold acquires MAC Chain Company for US$31.4 million

Renold plc acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the entire issued share capital of MAC Chain Company Limited (Canada) for a total cash consideration of US$31.4 million.

“The Acquisition substantially increases the Group's access to the Western US and Canadian CVC markets, particularly forestry, which we have identified as a significant opportunity for the Group to expand into.”advfn.com

• 1 source
• advfn.comRenold PLC Acquisition of MAC Chain CompanyRNS Regulatory NewsSep 10, 2024

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