Kimball Electronics, Inc. (Nasdaq: KE) announces the Company acquired Helvoet Polymer Technologies B.V. (“Helvoet”), a Contract Development and Manufacturing Organization (CDMO), based in Europe and with operations in India focused on microfluidics, diagnostics, and drug delivery. The transaction was valued at a purchase price of €90 million (excluding working capital, other customary adjustments, and acquisition-related costs), or approximately $103 million, representing approximately 9x estimated adjusted EBITDA for Helvoet in calendar 2026.
Read the full article: Kimball Electronics Acquires European-Based Medical CDMO, Helvoet Polymer Technologies B.V. //
Source: https://www.businesswire.com/news/home/20260630795051/en/Kimball-Electronics-Acquires-European-Based-Medical-CDMO-Helvoet-Polymer-Technologies-B.V.