Mattr Finalizes Pipe Coating Business Sale streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Mattr has received total proceeds of US$182.6 million, including estimated working capital and US$16.9 million in cash, for effective proceeds of US$165.7 million.
TORONTO, Nov. 27, 2023 Shawcor Ltd., dba Mattr Infratech announced today that Norwegian and Mexican antitrust approvals have been issued for the sale of the majority of its pipe coating.