Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Ufp Technologies (UFPT) just unveiled an announcement.
UFP Technologies, Inc. has successfully acquired AQF Medical, a prominent Irish manufacturer of custom foam and thermoplastic components, for €43.0 million. The purchase price reflects approximately 12.3 times AQF Medical’s adjusted EBITDA for the preceding year. This strategic move, announced in a press release on August 26, 2024, aims to enhance UFP’s standing in the medical component manufacturing sector while cautioning investors about the forward-looking statements and their associated risks.
For detailed information about UFPT stock, go to TipRanks’ Stock Analysis page.