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Netherlands-headquartered Stahl has agreed to acquire ICP Industrial Solutions Group, a packaging and labeling coatings business with about USD 140 million in expected 2022 sales. Stahl secured $580 million in new financing for the deal, with closing expected before the end of Q1 2023.
Stahl signed an agreement to acquire ICP Industrial Solutions Group, a packaging and labeling coatings maker with about $140 million in 2022 sales, at an enterprise value of about $205 million. Closing is expected before the end of Q1 2023.
