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M&A Deal Summary

Ginegar Plastic Products Acquires Flextech Srl

On June 1, 2017, Ginegar Plastic Products acquired forest products company Flextech Srl for 7M EUR

Acquisition Highlights
  • This is Ginegar Plastic Products’ 1st transaction in the Forest Products sector.
  • This is Ginegar Plastic Products’ 0th largest (disclosed) transaction.
  • This is Ginegar Plastic Products’ 1st transaction in Italy.

M&A Deal Summary
Date 2017-06-01
Target Flextech Srl
Sector Forest Products
Buyer(s) Ginegar Plastic Products
Deal Type Add-on Acquisition
Deal Value 7M EUR

Target

Flextech Srl

Villanova Mondovi, Italy
Flextech Srl is a developer, producer, and sells plastic films, mainly in the industrial market. Flextech also produces films that retard flames and radiation used in construction, films for agriculture, and plastic sacks using welding technology, mostly for packing. Flextech Srl was founded in 2011 and is based in Villanova Mondovi, Italy.

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Buyer(S) 1

Buyer

Ginegar Plastic Products

Ginegar, Israel
Category Company
Founded 1969
Sector Plastics
DESCRIPTION

Ginegar Plastic Products Ltd. is a producer of advanced films for a wide variety of agricultural applications, with special emphasis on greenhouse covers, mulches, VIF films and also a range of non-agricultural applications. Ginegar Plastic Products Ltd. was founded in 1969 and is based in Ginegar, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Forest Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2017 M&A 1 of 1
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