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BRIEF-Duroc Portfolio Company Buys Michael S Becker Inc

· 02/05/2021 02:28
BRIEF-Duroc Portfolio Company Buys Michael S Becker Inc

- Duroc AB DURCb.ST:

  • SAID ON THURSDAY DUROC'S PORTFOLIO COMPANY DRAKE EXTRUSION ACQUIRES MICHAEL S BECKER INC

  • COMPANY WILL BE A SUBSIDIARY OF DRAKE EXTRUSION INC

  • HAS ACQUIRED 100% OF SHARES IN FALSE TWIST TEXTURED YARN MANUFACTURER MICHAEL S BECKER; COMPANY HAS ANNUAL SALES OF APPROXIMATELY $4 MILLION

  • PURCHASE PRICE FOR COMPANY IS $1.1 MILLION

Source text for Eikon: ID:nWkr2B6pnL

Further company coverage: DURCb.ST


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