PwC advises HEXPOL AB on the purchase of shares in almaak international GmbH

15 March, 2022

Düsseldorf, 15 March 2022

A team from PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) advised HEXPOL AB on the purchase of shares in almaak international GmbH. PwC Germany conducted both tax and financial due diligence. In addition, PwC advised HEXPOL on the SPA negotiation.

HEXPOL has signed an agreement to acquire 70 percent of the shares in almaak from the existing owners Mr. Olaf Eichstädt and Mr. Thomas Schmeinta. almaak is a specialist in high quality recycled engineered polymer compounds based in Germany.

The acquisition price amounts to approximately 70 million Euro on a cash and debt free basis. Pursuant to the agreement, HEXPOL has an option to acquire the remaining shares, and Mr. Olaf Eichstädt and Mr. Thomas Schmeinta have the option to sell their remaining shares to HEXPOL.

The transaction will close after regulatory approval which is estimated to the 2nd quarter of 2022.

Advisors Hexpol AB

PwC Germany:
Dr. Jan Becker, Moritz Mühlhausen, Uwe Rendschmidt, Ruini Li (Tax); Roman Wollscheid, Shuxin Zheng and Claudia Rombouts (Financial)

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Nils Philipp

Nils Philipp

PwC Communications, PwC Germany

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