• (PLX AI) – Neles to acquire the valve and pump businesses of Flowrox to accelerate growth in mining and metals for EUR 41 million in cash.
  • • Earn-out EUR 3 million
  • • The businesses had sales of EUR 30 million last year
  • • Expected to remain at the same level this year
  • • The profitability of the carved-out businesses is comparable to Neles' in terms of adjusted EBITA margin
  • • Neles also buys the Flowrox brand

Quelle: PLX AI