Semperit Aktiengesellschaft Holding (WBAG:SEM) agreed to acquire Rico Group GmbH on April 17, 2023. The revenue of Rico Group was ?90 million. Closing of the transaction is expected in the third quarter 2023.

MP Corporate Finance GmbH acted as financial advisor in the transaction. Ernst & Young Steuerberatungs- und Wirtschaftsprüfungsgesellschaft m.b.H. acted as financial and tax due diligence provider to Semperit Aktiengesellschaft Holding (WBAG:SEM).BINDER GRÖSSWANG Rechtsanwälte GmbH acted as legal advisor to Semperit Aktiengesellschaft Holding (WBAG:SEM). MP Corporate Finance GmbH acted as financial advisor to Semperit Aktiengesellschaft Holding (WBAG:SEM).

The deal is expected to close on July 31.As on June 20, 2023 Rico Group GmbH boards Approved the merger. KPMG Financial Advisory Services GmbH acted as financial advisor to Rico Group GmbH.