Schweiter Technologies acquires Lucite Acrylic Sheet and Perspex Distribution Ltd.
Niederer Kraft Frey advises Schweiter Technologies as international counsel in the acquisition of the European acrylic sheet business of Lucite International (Lucite Acrylic Sheet) and the UK distribution company Perspex Distribution Ltd. at an agreed enterprise value for the businesses of GBP 92 million. Lucite Acrylic Sheet is one of Europe’s leading manufacturers of acrylic sheet and composites and is based in Darwen, Lancashire, UK. The transaction is subject to the approval by the relevant competition authorities and the carve-out of the production activities into a new legal entity.
The NKF team was led by Corporate/M&A partners Manuel Werder and Gaudenz G. Zindel.