Kimball Electronics acquires Helvoet Polymer Technologies for EUR 90 million
Kimball Electronics, Inc.
Kimball Electronics, Inc. KE | 0.00 |
- Kimball Electronics acquired Helvoet Polymer Technologies, a Europe-based medical CDMO with operations in India focused on microfluidics, diagnostics, drug delivery.
- Purchase price set at EUR 90 million, excluding working capital adjustments and acquisition-related costs; valued at about 9x estimated adjusted EBITDA for calendar 2026.
- Funding came from cash and existing credit lines; pro forma leverage described as consistent with capital allocation priorities.
- Helvoet generated about USD 56 million revenue in calendar 2025; EBITDA margin in the mid-teens; over 70% of revenue from medical customers.
- Helvoet’s leadership team remains in place, including CEO Eveline Hogenkamp.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kimball Electronics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260630795051) on July 01, 2026, and is solely responsible for the information contained therein.
