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

ReutersDec 17, 2025 8:17 AM

Essentra's ESNT.L gains 1.6% to 100 p

Global provider of essential components and solutions acquires U.S.-based Device Technologies, which makes specialty cable protection products, for initial $6.7 million

Peel Hunt welcomes this transaction for its attractive valuation, strong potential to scale, with shares offering compelling value at 13.7x FY26 EPS

YTD, ESNT falls 26.01%

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