Breaking News

Zoltek completes merger with Toray Industries

March 3, 2014

 Zoltek Companies, Inc. announced that it had completed the merger contemplated by the Agreement and Plan of Merger with Toray Industries, Inc. The company and Toray announced the execution of the merger agreement on September 26, 2013. Under the terms of the agreement, Toray acquired all of the company’s outstanding shares for $16.75 per share in cash, for a total equity value of approximately $584 million. As a result of the merger, the company became a wholly-owned subsidiary of Toray and will operate as a separate business unit.
 

Related Other:

  • 2015: The Year That Was

    2015: The Year That Was

    Karen McIntyre, editor||December 2, 2015
    North American expansion, adult incontinence, flushable wipes were among the top stories this year.

  • The Year That Was 2014

    The Year That Was 2014

    Karen McIntyre, editor||December 3, 2014
    A look at the year's top stories

  • Year in Review

    Year in Review

    Karen McIntyre, Senior Editor||December 4, 2013
    Mergers and acquisitions, global expansion counted among year’s highlights.