Plastics group expands with £3m acquisition
Plastics manufacturing group, Coral Products, has announced the £3m acquisition of Haydock-based Film & Foil Solutions.
The Wythenshawe-based plastics group, which makes items such as tote bags and food and gardening recyling bins, bought the business from two private individuals.
The deal includes the payment of £1,348,760 in cash on completion, subject to any adjustment on preparation of completion accounts
A further £750,000 will be satisfied through the issue of shares in the company at the mid-market price on Apri... 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...
