Semperit has acquired RICO Group, its first add-on since divesting its medical business, to enhance its position in the engineered polymers market.
Information on the Target
The RICO Group is a strategic acquisition for Semperit, marking its first add-on since the divestment from its medical business in late 2022. Known for its expertise in engineered polymers, RICO Group complements Semperit's existing portfolio, further enhancing its market position in this specialized sector.
With RICO Group's established reputation and technology in engineered polymers, this acquisition provides Semperit with an opportunity to leverage RICO's capabilities to innovate and expand its product offerings, ultimately benefiting its customer base and driving growth.
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Industry Overview in the Target’s Specific Country
The engineered polymers industry in Semperit’s home country has shown robust growth in recent years, driven by rising demand across various sectors includ
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Semperit
invested in
RICO Group
in 2022
in a Other Private Equity deal