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M&A Deal Summary

Hexatronic Acquires Weterings Plastics

On July 1, 2021, Hexatronic acquired building materials company Weterings Plastics for 6M EUR

Acquisition Highlights
  • This is Hexatronic’s 1st transaction in the Building Materials sector.
  • This is Hexatronic’s 4th largest (disclosed) transaction.
  • This is Hexatronic’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2021-07-01
Target Weterings Plastics
Sector Building Materials
Buyer(s) Hexatronic
Deal Type Add-on Acquisition
Deal Value 6M EUR
Advisor(s) Houthoff (Legal)

Target

Weterings Plastics

Gravenzande, Netherlands
Weterings Plastics is a producer of a wide range of high-quality ducts, tubes, and hoses used for the protection of cables and transportation of liquids and gases. The main applications are for the FTTH and the agricultural market. Weterings Plastics was founded in 1945 and is based in Gravenzande, Netherlands.

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Buyer(S) 1

Buyer

Hexatronic

Göteborg, Sweden
Category Company
Founded 1972
Sector Technology Hardware
Employees1,997
Revenue 7.6B SEK (2024)
DESCRIPTION

Hexatronic is a technology group specializing in fiber communications. The company develops, markets, and delivers products, components, and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative systems and product solutions mainly for passive fiber optic infrastructure with global trademarks like Matrix, Viper, Stingray, Raptor, InOne, Drytech, Lightmate, Skyline, and Wistom. The Group has its headquarters in Gothenburg, Sweden, and has sales offices and/or subsidiaries in Sweden, Norway, Finland, the United Kingdom, Germany, China, New Zealand, and the US. Hexatronic was founded in 1972 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 3 of 11
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 8
Country: Netherlands M&A 1 of 1
Year: 2021 M&A 2 of 4
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Mpirical

Lancaster, United Kingdom

Mpirical is a UK-based telecoms technology training provider focusing on cutting-edge accredited mobile and wireless telecoms technology training. Mpirical was founded in 2002 and is based in Lancaster, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 REHAU - Telecommunications Division

Rehau, Germany

REHAU's Telecommunications Division manufactures and sells complete systems for fiber optic installation, from laying and distribution to house connections and cabling in buildings, within its telecommunications business. REHAU's Telecommunications Division is based in Rehau, Germany.

Buy -
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