StockMarketWire.com - Essentra said it had sold its extrusion business to Inter Primo in a deal worth €16.2m.

The extrusion segment formed part of Essentra's Specialist Components division, and for the year ended 31 December 2018, the segment delivered operating profit of £1.2m.

'The sale of Extrusion not only represents good value for Essentra's shareholders, but also provides the business with a strong platform for future successful growth given Inter Primo's established presence in the extrusion industry. We wish the business every success in the future,' said Paul Forman, Chief Executive said.




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