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Tyman will use existing debt facilities to buy Lawrence Industries
Chicago, July 12 – Tyman plc announced that it plans to use existing debt facilities for its $57 million purchase of Barry G Lawrence, Inc. (Lawrence Industries), according to an announcement.
The initial consideration may be followed with a contingent consideration of up to $12.5 million, based on growth targets for the two years up to Dec. 31, 2024.
Tyman is a London-based supplier of components to the door and window industry.
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