BUZZ-UK's Essentra's rises on buying US firm for $6.7 mln

Reuters
2025.12.17 08:17
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Essentra’s (ESNT.L) gains 1.6% to 100 pGlobal provider of essential components and solutions acquires U.S.-based Device Technologies, which makes specialty cable protection products, for initial $6.7 millionPeel Hunt welcomes this transaction for its attractive valuation, strong potential to scale, with shares offering compelling value at 13.7x FY26 EPSYTD, ESNT falls 26.01%