Perrigo CEO and President Murray Kessler said, "We are pleased to announce the successful completion of this bolt-on acquisition
and look forward to welcoming the talented Ranir team to the Perrigo family.
Alan Ritchey Materials is an aggregates bolt-on acquisition
to Summit's existing business in the northeast Texas market.
in bolt-on acquisition
to broaden USL's product offerings, the company said.
Neither could it be viewed as a bolt-on acquisition
, given that the deal would have been worth around pounds 1.2bn.
"I'm looking at a bolt-on acquisition
for one of our portfolio companies at the moment.
The company said the cash will be used to strengthen its "ability to continue to take advantage of the best bolt-on acquisition
opportunities when they arise." Together, the vendor placing shares and the cash placing shares represent about 8% of all outstanding Informa stock.
The company increased full-year 2018 production guidance to 1,225 to 1,255 MBOED to reflect the higher-than-budgeted partner-operated activity, improved performance across several operating areas and completion of the Alaska Western North Slope bolt-on acquisition
. Third-quarter 2018 production is expected to be 1,215 to 1,255 MBOED, which reflects typical seasonal turnarounds and maintenance activity.
M2 EQUITYBITES-November 1, 2017-Universal Sealants Acquires UK Ekspan in Bolt-On Acquisition
Also, this bolt-on acquisition
is a part of Trelleborg's strategy to strengthen its positions in attractive market segments.