Friday 20th August 2021
|Text too small?|
Skellerup announced today it has acquired the business and assets of Talbot Technologies Limited (Talbot). The acquisition price is approximately $10 million and will immediately be earnings accretive to the Skellerup Group.
Talbot design, develop and manufacture engineered plastic products. They have provided innovative solutions for domestic and international customers for over 25 years.
Skellerup Group CEO David Mair said, “The acquisition is a natural fit for Skellerup, as it complements our focus and capability on designing highly technical products for international original equipment manufacturer (OEM) companies. Talbot has a leading market position supplying engineered plastic products for leading domestic and international companies specialising in health, technology and electronics applications. We are excited to strengthen and broaden Skellerup’s capability with the proven expertise of the Talbot team.”
The transaction is due to close on 31 August 2021.
Please see the link below for details
No comments yet
Pacific Edge Limited (NZX: PEB) Placement Upsized Following Strong Demand
24th September 2021 Morning Report
23rd September 2021 Morning Report
Pacific Edge Limited (NZX: PEB) Dual Lists on ASX; Announces Capital Raise to Accelerate
Tower Limited (NZX: TWR) Updates Guidance
South Port New Zealand Limited (NZX: SPN) 2021 Annual Report
22nd September 2021 Morning Report
Kathmandu Holdings Limited (NZX: KMD) FY21 Annual Results Announcement
Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Update on Demerger and Office Fund
21st September 2021 Morning Report