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AMA Group Ltd Announces Acquisition Of Custom Alloy Pty Ltd

Wednesday, 23 Oct 2013 01:45am EDT 

AMA Group Ltd announced that it has agreed to acquire Custom Alloy Pty Ltd (Custom Alloy). Having now completed due diligence to satisfaction, AMA is scheduled to complete the acquisition of Custom Alloy on November 29, 2013. AMA has acquired Custom Alloy at an EBIT multiple of c3.4x for cash of $4.9 million plus Inventory (capped at $1.0 million). Consideration will be funded through AMA’s existing cash resources. 

Company Quote

-0.0050 -1.79%
18 Jul 2014