Colt CZ Group SE has entered into a share purchase and sale agreement with Synthesia, a.s., owned by Kaprain Chemical Limited, for the acquisition of Synthesia Nitrocellulose, a.s. The company will initially acquire 51% of the business, with the remaining 49% to follow under agreed terms, in a transaction valued at CZK 22 billion (approximately EUR 894 million) based on enterprise value.

Colt CZ Group to acquire majority stake in Synthesia Nitrocellulose in CZK 22 billion deal

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Colt CZ Group SE has entered into a share purchase and sale agreement with Synthesia, a.s., owned by Kaprain Chemical Limited, for the acquisition of Synthesia Nitrocellulose, a.s.

Colt CZ Group to acquire majority stake in Synthesia Nitrocellulose in CZK 22 billion deal Read More »