FILING ANALYSIS · TUESDAY, OCTOBER 13
Zotefoams ZTF — RNS: Acquisition Of Verttec
neutral
Zotefoams' acquisition of Verttec adds specialist crosslinked roll foam capability and is expected to contribute positively to Group EBITDA, but the modest revenue contribution in the current financial year may not significantly impact the stock price. The acquisition cost of up to $7.3 million is relatively small compared to the estimated $20 million cost of replicating the capability organically
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