GMM Pfaudler through its wholly owned subsidiary -- Pfaudler GmbH, has entered into an agreement on December 8, 2022 to acquire Mixel France SAS and its wholly owned subsidiary Mixel Agitator Co. (collectively known as ‘Mixel’). The acquisition is subject to French law and will follow the general principles of information and consultation with the works council. A total consideration of euro 7 million will be paid to acquire 100% shareholding in Mixel and the transaction will be funded through a mix of internal accruals and debt. Mixel designs and manufactures customised mixing systems for a wide range of industrial applications.
GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.
