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Bids, Mergers and Takeovers

RPC Group completes acquisition of Letica Group

13 March 2017 07:14

RPC Group has completed the acquisition of Letica Group.

In the year to end-December 2016, Letica generated sales of $455m and adjusted EBITDA of $67m.

The up-front consideration paid to Letica's shareholders represented a multiple of 7.3-times Letica's adjusted EBITDA for the year to end-December.

Story provided by StockMarketWire.com

Related Company: RPC

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