Scapa Group shells out £25m on Dallas firm
Greater Manchester-based Scapa Group, a global specialist adhesive products for the healthcare and industrial sectors, has bought American company BioMed Laboratories for $32m (£25m).
The AIM listed Ashton-under-Lyne company’s purchase price comprises an initial cash consideration of $19m with a further $13m payable depending on performance in the calendar years 2018 and 2019.
Dallas, Texas-based BioMed is a leading developer and manufacturer of gels, creams, lotions, liquids, powders and hot filled wax based products in the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...