Hexpol to acquire 80% stake in Turkey’s Symplast for EUR 54 million

Bitget2026/10/21 13:43

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Hexpol is acquiring 80% of Turkish thermoplastic elastomer compounder Symplast from its four founders for EUR 54 million, cash- and debt-free.
Symplast has approximately EUR 34 million in sales; the acquisition expands the buyer's thermoplastic compounding platform in Turkey.
Funding will come from bank facilities and cash.
The buyer has an option to acquire the remaining shares; the founders have an option to sell their remaining stakes.
Closing is expected by the first quarter of 2027, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hexpol AB published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Hexpol to acquire 80% stake in Turkey’s Symplast for EUR 54 million

You may also like

Crypto prices