Announced
Financials
Tags
United States
plastic hoses
Plastics
Acquisition
Cross Border
Majority
Private
Private Equity
Pending
Friendly
Single Bidder
Synopsis
IK Partners, an European private equity firm, agreed to acquire Plastiflex, a provider of flexible hose system solutions, from 3d investors, a family investment company. Financial terms were not disclosed. “We’re delighted to have IK’s support in continuing to deliver the very best solutions to customers who all operate with complex requirements and in markets benefitting from long-term growth trends, including healthcare and industrials,” Piet Gruwez, Plastiflex CEO.
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