Surteco wants to buy surface unit from Omnova Solutions

Surteco Group SE (Buttenwiesen, Germany) signed an agreement with the British company Synthomer plc (Harlow, Essex) to acquire laminates, performance films and coated fabrics activities from the US company Omnova Solutions Inc. (Beachwood, Ohio) on 13 December. The purchase price of US$255m is eight times EBITDA. La...

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