May 2, 2017 - Assignment

HEXPOL acquires the business of Valley Processing

HEXPOL has on April 7, 2017 acquired the business of Valley Processing with a manufacturing facility in City of Industry, California, US. Valley Processing had a turnover of 34 MUSD in 2016 and have around 90 employees.

The acquisition price amounts to approximately 46 MUSD on a cash and debt free basis for the business plus an additional purchase price based on product transfers.

HEXPOL was advised by Mannheimer Swartling in the transaction.