Essentra PLC has announced the completion of its acquisition of BMP s.r.l ("BMP TAPPI"), following the necessary approvals. This acquisition is the second bolt-on acquisition for Essentra as a pure-play components business. The acquisition is expected to strengthen Essentra's product portfolio, create cross-selling opportunities, and enhance the Group's manufacturing footprint in Europe. The company has a strong balance sheet and a clear bolt-on inorganic growth strategy. The acquisition of BMP TAPPI is expected to be accretive to Group margins and adjusted EPS in the first full year post-completion, with a return on invested capital (ROIC) of approximately 15% expected within three years. This acquisition, along with previous acquisitions like Wixroyd Group, demonstrates Essentra's ability to deliver synergies and drive incremental value for shareholders. Essentra is a leading global provider of essential components and solutions, specializing in the manufacture and distribution of plastic injection molded, vinyl dip molded, and metal items. The company operates in 28 countries worldwide, with 13 manufacturing facilities, 24 distribution centers, and 33 sales and service centers. Essentra serves approximately 74,000 customers in industries such as equipment manufacturing, automotive, fabrication, electronics, medical, and renewable energy.