- Balchem (NASDAQ:BCPC) agrees to acquire Albion International, a privately held manufacturer of mineral amino acid chelates, specialized mineral salts and mineral complexes, for $111.5M.
- BCPC says the purchase price reflects a 10.7x multiple of 2015 EBITDA, excluding any synergies, and expects the deal to be immediately accretive to its EPS.
Balchem to buy Albion International for $111.5M
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| Symbol | Last Price | % Chg |
|---|---|---|
| BCPC | - | - |
| Balchem Corporation | ||