Announced
Completed
Financials
Sources
Tags
polystyrene foam
Completed
Acquisition
Single Bidder
Private
Building Materials: Other
United States
Majority
Domestic
Friendly
Synopsis
UMAX Group, a developer of green housing, completed the acquisition of Home Foam, a Las Vegas based custom manufacturer of EPS shapes, shutters, coatings and castings for a variety of regional commercial clients and home builders. Financial terms were not disclosed. "The company (UMAX) felt that Home Foam was a strategic acquisition for the Company due to the fact that its current business operations have many vertical and horizontal avenues through which we can expand our business footprint and aligns with the current business plan moving forward," Rondell Fletcher, UMAX CEO. .
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