Hexpol stock completes EUR 143.5 million Vipa deal

Published on 10/05/2026 at 21:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hexpol stock last traded at SEK 97.00 on October 5, while its Q2 sales reached SEK 5.3 billion and adjusted EBIT hit SEK 772 million. Nordea raised its target to SEK 113.

Fotorealistische Fabrikhalle für Kautschukmischungen mit Arbeitern und Maschinen bei Hexpol AB — Fotorealistische Aufnahme einer Kautschuk-Fabrik von Hexpol AB, ISIN SE0011624077, in Malmö am Wasser, Illustration mit AI erstellt.

Hexpol stock (ISIN SE0007074281) was last at SEK 97.00 on Nasdaq Stockholm on October 5, 2026 at 5:29 p.m. CEST, down 0.36 percent from the prior close. The polymer group completed its EUR 143.5 million acquisition of Italian compounder Vipa Group on October 1, a deal that expands its wire and cable exposure, according to TradingView.

Vipa adds a growth platform

Vipa Group generated EUR 76.4 million in turnover in 2025 and operates two production sites and a research and development center in Italy. The transaction gives Hexpol additional exposure to electrification, data centers, telecommunications and smart buildings, while the acquisition was funded with bank facilities and cash, TradingView reported on October 1, 2026.

The deal follows a stronger second quarter. In its Q2 2026 earnings call, Hexpol reported SEK 5.3 billion in sales, up 6 percent from the same quarter of 2025, and adjusted EBIT of SEK 772 million with a 14.6 percent margin, according to Yahoo Finance on July 20, 2026.

Nordea lifts its target

Nordea kept its Buy rating and raised its Hexpol price target to SEK 113 from SEK 100 on October 1, 2026. The bank forecast 7 percent organic growth and 5 percent EBIT growth for the quarter, while its 2026 EBIT estimate rose 2 percent and its 2027-2028 estimates rose 7 percent, Borskollen reported.

A separate MarketScreener consensus published on September 23, 2026, showed an Accumulate rating from six analysts and an average target of SEK 89.83. That average target sits below the October 5 price of SEK 97.00, highlighting the gap between the latest bank upgrade and the broader published consensus, according to MarketScreener.

Stock remains near yearly high

Hexpol was last at SEK 97.00 on October 5, 2026, with a 52-week range of SEK 66.80 to SEK 99.50 and volume of 100,453 shares. The price was 2.51 percent below the 52-week high, while the market capitalization stood at SEK 33.4 billion.