Stockholm – Hexpol has exercised its option to purchase the remaining 20% of Mesgo Group, the Swedish elastomers processing group has announced.
The option was signalled at the time of the acquisition of the Italian rubber compounder in October 2018, Hexpol pointed out in a 6 Aug release.
“Apart from the liquidity effect of the transaction of €39.8 million, there is minimal effect on the profit and loss and balance sheet of Hexpol," said the statement.
