BEWi to acquire Synbra Holding

maandag 19 februari 2018
BEWi Group AB (“BEWi”) announced that it has submitted a binding offer to acquire Synbra Holding B.V. (“Synbra") from a consortium led by Gilde Buy Out Partners (“Gilde”). The combination with BEWi would create a European particle foam specialist with strong positions in numerous countries. The relevant works councils and other employee representative bodies will be consulted prior to formal agreement. Parties have agreed not to disclose the terms of the conditional agreement. Completion of the transaction is anticipated to take place in the first half of 2018 (subject to completion of the relevant works council procedures in accordance with relevant legislation).

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