M&A
confidence high
sentiment positive
materiality 0.70
UFP Technologies acquires AQF Medical for €43M; 12.3x EBITDA multiple
UFP TECHNOLOGIES INC
- Purchase price €43.0M cash; multiple ~12.3x adjusted EBITDA for 12 months ended June 30, 2024.
- AQF Medical is a custom-engineered foam and thermoplastic components manufacturer for medical devices, based in Ireland with JV in Singapore.
- Fourth acquisition by UFP in recent months, expanding European manufacturing and enabling Asian market support.
- CEO R. Jeffrey Bailly highlights shared clients and AQF's leadership team as key to international growth.