3 March 2021 - acquisition
Following the disposal of Coral Product (Mouldings) and Interpack, which have now completed, the AIM-listed plastic products group has acquired Customised Packaging Limited (CPL) for net consideration of £1.25m. Some £884k is being satisfied in cash with the balance satisfied by the issue of over 3.3m new shares in Coral at 11p. CPL is a Manchester based plastic products business which will help to expand the group's market coverage and product range. This is expected to be earnings enhancing in its first year - there is also the possibility of additional consideration being . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
