Announced
Completed
Financials
Tags
Acquisition
Completed
Private
Single Bidder
Friendly
United States
Toys
modeling dough
Majority
Synopsis
Sustainable Projects Group, a transatlantic project development and incubation group, completed the acquisition of Soy-Yer Dough, a producer of sustainable, non-allergenic modelling dough. Financial terms were not disclosed. "We plan to shift production of Soy-Yer Dough to the Rushville facility we recently secured on behalf of Cormo USA, which will benefit both businesses by reducing overhead and consolidating sourcing, production, and distribution. SPGX looks forward to incorporating this well-known and proven brand into our portfolio to the next stage of Soy-Yer Dough's growth as part of the SPGX family," Stefan Muehlbauer, SPGX CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.