Arla Plast AB (OM:ARPL) signed a Letter of intent to acquire Nudec Sa from shareholders on January 11, 2024. The transaction is expected to be completed during the first half of 2024.

Arla Plast AB (OM:ARPL) completed the acquisition of Nudec Sa from shareholders for ?9.5 million on April 23, 2024. The acquisition is financed through Arla Plast's existing cash. For 2023, the net sales amounted to ?58.9 million. Nudec will be consolidated into the Arla Plast Group from the closing date of April 23, 2024, and reported in the new operating segment Spain.