Essentra sells Porous Technologies to Filtration Group for 220 mln stg
26 August 2016
Essentra Divestment of Porous Technologies business. Transaction values Porous Technologies at £220m, free of cash and debt.
Of which c. £215m in cash and c. £5m in the form of a promissory note payable three years from completion.
Sale is to Filtration Group, an affiliate of Madison Industries.
Source : uk.reuters.com