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Accrol – a fitting recommended offer for this bog roll maker on the AIM casino!

By Steve Moore | Friday 22 March 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a leading tissue converter and supplier of toilet tissues, kitchen rolls, facial tissues, and wet wipes to many of the UK's leading discounters and grocery retailers across the UK”, Accrol Group (ACRL) is now “pleased to announce” a recommended all-cash offer from Navigator, an “integrated pulp, paper, tissue, packaging and biomass-based energy company, listed on the Euronext Lisbon Stock Exchange, with a market capitalisation of approximately €2.73 billion”. With that and Accrol’s leading UK position with a most recent close below £109 million market cap, a good premium offer then?
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