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Low & Bonar acquires geosynthetic products maker Texiplast

06 Sep '13
1 min read

Low & Bonar, the international performance materials group is pleased to announce that it has agreed to acquire Texiplast.

Texiplast is a Slovakian producer of high strength geosynthetic products serving the civil engineering market.

The approximate net cash payment is €18.9m (£16.0m) on a debt-free basis.

About Low & Bonar:
Low & Bonar PLC is an international group manufacturing and supplying a wide range of products to the Performance Materials industry. This is a global business, supplying yarns, fabrics and fibres to a broad range of end markets including civil engineering, building products, transport, sports & leisure, agriculture and other industrial applications.
 

Low & Bonar

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