Metallurgica designs and manufactures precision fiber optic cables and specialized copper cables for various communication applications. The target company is a privately held company focused on providing specialized cabling solutions for diverse network applications across all industry segments.
The acquisition is an all-cash deal for approximately €47 million, financed through a combination of euro-denominated debt instruments and internal accruals. Metallurgica recorded revenue of €48.7 million and net income of €4.2 million at the close of CY17. The transaction has been positive from day one and is expected to close shortly.

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