Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Hexatronic acquires German-based Opternus for EUR 12.5m
October 26, 2018

Hexatronic has signed an agreement to acquire German-based fiber optic company Opternus. Opternus is a market leader within fiber optic fusion splicing and measuring equipment. The purchase price is EUR 10m on a debt-free basis and a further maximum of EUR 2.5m in earnout. In 2017, Opternus reported EUR 15m in revenue and EUR 2.2m in EBITDA which equates to an EV/EBITDA valuation multiple of 5.7x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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