FRANKFURT (Reuters) - German plastic extrusions maker Surteco (>> Surteco SE) has agreed to buy Portuguese PVC edgbandings maker Probos from private equity firm Alantra (>> Alantra Partners SA) for 99 million euros (87.15 million pounds) in cash, it said in a statement on Saturday.

Surteco said the deal, which is not subject to any approvals and is expected to close in the coming weeks, would help its expansion in South and Central America.

(Reporting by Georgina Prodhan; Editing by Toby Chopra)

Stocks treated in this article : Alantra Partners SA, Surteco SE