TeraPlast SA, the Romania based polymer processor, has acquired Wolfgang Freiler Ges.m.b.H., the Germany based company specialized in the production and trading of PEHD cable protection pipes, from the Uhl family. The transaction value has been set at EUR 16.53m, with an additional earn-out mechanism based on the performance of the Group in 2024. The transaction involves the takeover of the two factories owned by the Wolfgang Freiler Group in Hungary: Polytech and Pro-Moulding.
- Target – Wolfgang Freiler ges.m.b.h.
- Buyer – Teraplast sa
- Seller – Uhl Family