TeraPlast acquires Wolfgang Freiler Group for 16.5 million euros
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The TeraPast Group signed the agreement for the acquisition of the Wolfgang Freiler Group from the Uhl family of Austria, a transaction worth 16.53 million euros.
"Following the completion of the negotiations, the agreement was signed for the acquisition of the Wolfgang Freiler Group from the Uhl family in Austria, who owns modern production facilities in Hungary and a dynamic distribution division in several markets in Central and Western Europe. The transaction price is set at 16.53 million euros, the amount covered by mixed sources (internal and bank financing), to which is added an 'earn-out;…
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