H.B. Fuller Announces Offer to Acquire Advanced Medical Solutions
H.B. Fuller announced a recommended cash offer to acquire Advanced Medical Solutions Group plc for £2.85 per share, implying a total enterprise value of £715 million. The acquisition is expected to add approximately $300 million in annual revenue and expand the company's total addressable market by $15 billion to $95 billion, focusing on high-growth medical segments like surgical adhesives and biosurgicals.
Key figures
- Guidance
- 5% annual constant currency revenue growth and greater than 20% EBITDA margins
- Deal Value Usd
- £715 million
- Synergy year
- 2031
- Total tam usd
- $95 billion
- Tam increase usd
- $15 billion
- Revenue addition usd
- $300 million
- Run rate synergies usd
- $55 million
- Ebitda multiple pro forma
- less than 8x
- Ebitda multiple pre synergy
- 12.9x
AI analysis
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