Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Scapa’s Acquisition of First Water

Posted 8th April 2015

Scapa’s Acquisition of First Water

Scapa's Acquisition of First Water

Scroll to keep reading

Scapa’s Acquisition of First Water

Scapa Announces Acquisition of First Water Ltd

View Biography

Scappa

Acquirer

Scapa Group plc (“Scapa”), a global supplier of bonding materials and solutions, is pleased to announce that it has acquired 100% of the issued share capital of First Water Limited (“First Water”) based in Ramsbury, UK.

The purchase price is comprised of an initial cash consideration of £11.3m with a further cash consideration of up to £4m payable depending on performance in 2016, 2017 and 2018, for a total consideration of up to £15.3m.

As at 31 January 2015, unaudited gross assets acquired were £4.0m. Underlying EBITDA for the 12 months to 31 January 2015 was £0.9m on sales of £5.4m. The Acquisition is expected to be earnings enhancing in its first year.

First Water has built a reputation as one of the leading designer-manufacturers of advanced wound dressings and skin adhesives. Its patented adhesive polymers and dressing designs allow it to offer its OEM partners – typically multinational woundcare and consumer wellness companies – unique and compelling products for a wide range of clinical and commercial applications.

Categories: Finance, M&A

You Might Also Like

3 Sales Tips That Will Transform Your Business

18/09/20203 Sales Tips That Will Transform Your Business

An effective sales team can completely transform a business’s fortunes. With the right leadership, your sales staff can become the linchpin of your entire organisation. Here are three tips for training a sales team to have a transformative effect on your bus

LEWIS Acquires Tayburn In Six-Figure Deal

23/05/2024LEWIS Acquires Tayburn In Six-Figure Deal

Creative and digital agency, LEWIS has acquired Tayburn in a six-figure cash and equity deal that will combine almost a century of creative and digital expertise.

Creating More Intelligent, Connected Fleet Operating in the UK

14/01/2026Creating More Intelligent, Connected Fleet Operating in the UK

As UK businesses dependent on vehicle sets face increasing pressures, there is greater consideration of how mobility provides the foundation for long-term business growth. Now more than ever, vehicles operated by logistics, utilities, construction, healthcare,

Where It Counts

01/11/2019Where It Counts

Based in Broken Arrow, Oklahoma, it’s surprising that IRON Tax is one of the few firms that specialises in the new field of cannabis accounting. We caught up with CEO Roger McCloud to find out more.

First Steps to Take when Doing Company Acquisition

17/10/2022First Steps to Take when Doing Company Acquisition

Many people want to have a business they can call their own. However, building one from scratch is not easy. Because of this, many entrepreneurs are choosing to buy an existing business. But buying an existing business is not as easy as buying a used car. You

What Are the Best Cybersecurity Solutions for Regulatory Compliance in Email Environments?

25/09/2025What Are the Best Cybersecurity Solutions for Regulatory Compliance in Email Environments?

Email regulatory compliance helps enterprises neutralize the most common attack vectors cybercriminals use to infiltrate corporate networks. Once in, malicious hackers can steal data, strong-arm executives for ransom or sabotage business operations. Investing

How Industrial Couriers Play a Vital Role in the Supply Chain

19/08/2022How Industrial Couriers Play a Vital Role in the Supply Chain

When most people think of couriers, we imagine the people handling last-mile delivery for a wide range of consumer products. However, there’s also major demand for couriers in a commercial context, and that’s where specialist providers come into the pictur

Hybrid Working Could Lead to Discrimination and Lack of Diversity Warns Firm Of Business Psychologists

30/04/2021Hybrid Working Could Lead to Discrimination and Lack of Diversity Warns Firm Of Business Psychologists

Leading Cambridge firm of business psychologists, OE Cam, is urging businesses to consider the unintended impact of hybrid working. Their modelling suggests that planned policies will likely lead to greater discrimination and a lack of diversity within organis

Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

27/10/2015Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

With China's increased interest and investment in the energy, Yantai Xinchao plan to purchase giant oil fields in Texas.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS