Completion of the Boteco acquisition
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Essentra plc
("Essentra" or the "Group")
Completion of the Boteco acquisition
Further to the announcement on 20 May 2026, Essentra plc, a leading global provider of essential components and solutions, today announces that it has completed the acquisition of Boteco Srl ("Boteco"), an Italian, family-owned expert designer and manufacturer of mechanical components, following satisfaction of a small number of pre-close conditions.
Boteco complements Essentra's existing product expertise and provides a strong adjacency to its machine and automation end-markets. The transaction has been completed at an acquisition multiple of 6.5x EBITDA for the twelve months to 31 December 2025 and is expected to be accretive to Group margins and adjusted EPS in the first full year post-completion, with a return on invested capital1 of 15% anticipated in the third full year of ownership.
Scott Fawcett, CEO of Essentra plc, commented:
"We are pleased to complete the acquisition of Boteco, a high-quality business that complements and strengthens Essentra's differentiated business model. Boteco is a clear example of Essentra's disciplined bolt-on M&A strategy: acquiring specialist businesses that enhance our product capabilities, broaden our customer offering and generate attractive financial returns.
This is our second bolt-on acquisition in the past twelve months, following the acquisition of Device Technologies announced in December 2025, and further demonstrates our growth strategy in action. Alongside continued organic investment, disciplined and value-accretive M&A remains an important lever for Essentra to drive sustainable growth and incremental value for shareholders."
Enquiries
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Essentra plc Scott Fawcett, CEO Claire Goodman, Head of Investor Relations investorrelations@essentra.com
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Notes:
1. Return on Invested Capital is calculated as adjusted operating profit expressed as a percentage of invested capital. Invested capital is defined as initial consideration and deferred contingent consideration, plus capex investment and associated acquisition transaction fees.
About Essentra plc
Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.
Headquartered in the United Kingdom, Essentra's global network extends to 27 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 25 distribution centres and 35 sales & service centres serving c.76,000 customers with a rapid supply of low-cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy. For further information, please visit www.essentraplc.com.
Further information on Boteco is available at www.boteco.com.
LEI: 5493007MOZNA03BVNE96
Cautionary forward-looking statement
This announcement contains forward-looking statements based on current expectations and assumptions. Various known and unknown risks, uncertainties and other factors may cause actual results to differ from future results or developments expressed or implied from the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. The Company accepts no obligation to revise or update these forward-looking statements publicly or adjust them to future events or developments, whether as a result of new information, future events or otherwise, except to the extent legally required.
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