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Unigel Group PLC - Completion of Acquisition

Announcement provided by

Unigel Group plc · UNX

07/06/2024 10:50

Unigel Group PLC - Completion of Acquisition
RNS Number : 6416R
Unigel Group PLC
07 June 2024







Unigel Group plc

(the "Group" or the "Company")

Completion of Acquisition


Unigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces that, further to the announcements of 23 January 2024 and 28 May 2024 in relation to the acquisition of Unigel (UK) Limited ("Unigel") (the "Acquisition"), all conditions of the Acquisition have been successfully fulfilled and the Acquisition has now been completed. Subsequent to the completion of the Acquisition, Unigel has become a wholly owned subsidiary of the Group.



The Directors of the Company are responsible for the release of this announcement.




Unigel Group plc


Eric Chhoa

  +81 80 6929 3688


Gary Revel-Chion


+44 (0) 1273 612 122

Cairn Financial Advisers LLP (AQSE Corporate Adviser)



Jo Turner

+44 (0) 20 7213 0880

Ludovico Lazzaretti





Notes to Editors

Unigel Group plc is the holding company whose operating subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited ("Unitape") manufacture and distribute materials used in the manufacture of telecommunication fibre optic cables.


Unigel formulates, manufactures, and markets thixotropic gels primarily to the fibre optic cable industry. In addition, it also makes specialty gel products for the construction, green energy, and high voltage transmission apparatus markets.


Unitape is one of the largest domestic manufacturers and suppliers of laminated steel tapes to the fibre optic cable industry in North America.




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