Report
Luis de Toledo Heras

Navigator : Expanding its tissue presence in the UK at premium multiples

>Cash offer for leading tissue converter in the UK - Navigator has launched a public all-cash firm offer to acquire the entire issued and to-be-issued share capital of Accrol Group Holdings plc, a tissue paper converter based in the UK. Accrol’s Board of Directors is backing the offer which values the equity at € 148m (5% of Navigator’s market capitalisation) and the EV at € 180m (5.5% of Navigator’s EV) implying 10x EV/ EBITDA vs Navigator’s 6.5x. Sligh...
Underlying
Navigator Company SA

Navigator and its subsidiaries are engaged in the production and sale of cellulose pulp and related products, the purchase of wood and agricultural and forest production, the harvesting of forests and the transport of wood from the forests to the plants, and the production and sale of electricity and thermal energy. Co. is also involved in the production of paper and derivative paper products.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch