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| 2025-05-05, 08:53 |
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Hexpol: Majority takeover of Turkish compounder Kabkom
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Hexpol recently signed an agreement to acquire 80 percent of the shares in Turkish compounder Kabkom Kimya Sanayi ve Ticaret Anonim Şirketi (Kabkom) from its founders Erdem Eker, Özgür İpek and Bekir Güler. According to Hexpol, Kabkom, founded in 2011, specialises in the manufacture of high-performance thermoplastic and thermosetting compounds for the rapidly growing cable market and serves a large number of national and international customers. Kabkom employs 70 people at a new production facility outside Izmir, located on the Aegean coast in the Gulf of Izmir. The company generates annual sales of around 30 million euros. Advert According to further information, the purchase price amounts to 54 million euros and will be financed through a combination of bank loans and cash. The transaction was completed after receiving regulatory approvals.
Hexpol has an option to acquire the remaining shares and the founders have an option to sell their remaining shares to Hexpol. More information: www.hexpol.com, kabkom.com.tr |
Hexpol, Malmö, Sweden
