Acquisition and integration costs Q4-2014
HEXPOL will, as previously announced, report acquisition and integration costs in Q4-2014 relating to the acquisition of Vigar Rubber Compounding. The costs are estimated to approximately 5 MEUR and consist of acquisition, integration and restructuring costs including an intended closure of Vigar´s German manufacturing facility in Viersen.
For further information, please contact:
+46 (0)705 55 47 32
HEXPOL is a world-leading polymers group with strong global positions in advanced rubber compounds (Compounding), gaskets for plate heat exchangers (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily OEM manufacturers of plate heat exchangers and trucks, systems suppliers to the global automotive and engineering industries, the energy sector and medical equipment manufacturers. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2013 amounted to 8,036 MSEK. The HEXPOL Group has approximately 3,700 employees in eleven countries. Further information is available at www.hexpol.com.
This press release consists of such information that HEXPOL AB (publ.) may be obliged to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on November 20, 2014.