Coral Products doubles in size as acquisitions boost profits
Group 'moving towards more sustainable solutions where it is commercially viable to do so'
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Group 'moving towards more sustainable solutions where it is commercially viable to do so'
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IN BRIEF: Coral Products buys plastics maker Customised Packaging Wed, 3rd Mar 2021 13:51 Coral Products PLC - Manchester-based plastics manufacturer and distributor - Acquires plastics products designer, manufacturer and supplier Customised Packaging Ltd for GBP1.3 million. Notes this comprises GBP883,956 in cash and GBP366,044 from the issue of 3.33 million shares at a price of 11 pence per share to the sellers of Customised Packaging. Says an earn-out consideration will be payable to the sellers in the event that Customised Packaging's pretax profit at the end of this year is greater than ...