The Online Investor
Rubber & Plastics M&A image Rubber & Plastics M&A » By The Online Investor Staff, updated Thu., Aug. 6, 5:47 AM Recent mergers and acquisitions in the Rubber & Plastics M&A category.

Slide #6. AirBoss of America Corp. Flexible Products Co.

Acquirer: AirBoss of America Corp. (TSE:BOS.CA)
Acquiree: Flexible Products Co.
Details: AirBoss of America Corp. (TSX:BOS) (the "Company" or "AirBoss"), announced today that it has entered into an agreement to acquire all the shares of Flexible Products Co. ("Flexible Products"), a privately-owned U.S. company that is a leading supplier of innovative and cost-effective anti-vibration solutions to the North American automotive market. The acquisition is expected to be immediately accretive to the Company's earnings and cash flows. Flexible Products is expected to generate sales of between US$100 and $110 million and Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA") of between US$8 and $9 million for the year ended December 31, 2013. We welcome the management team and employees of Flexible Products to the AirBoss group of companies and look forward to their continuing commitment to customer service.

AirBoss of American is a custom compounding company. Co. develops, manufactures, and sells proprietary rubber-based products to the transportation, defence and industrial markets. Co. operates in two business segments: Rubber Compounding and AirBoss Engineered Products. The Rubber Compounding segment is engaged in custom rubber compounding, supplying mixed rubber for use in transportation and industrial rubber parts manufacturing including mining, automotive, conveyor belting, and other products. The AirBoss Engineered Products segment is engaged in the development and sale of chemical, biological, radiological and nuclear protective rubber wear for military and first response applications.

Open the BOS.CA Page at The Online Investor »

Company Name: 
AirBoss of America Corp
Website: 
www.airbossofamerica.com
Sector: 
Rubber & Plastics
 

Open the BOS.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Rubber & Plastics M&A - Slide 6 of 12 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.