LI Enterprises Group completed the acquisition of Broen-Lab from Capidea.

LI Enterprises Group, a Chicago-based group of manufacturing companies, completed the acquisition of Broen-Lab, a manufacturer of laboratory fixtures and emergency shower systems, from Capidea, a Danish private equity fund. Financial terms were not disclosed. “We welcome BROEN-LAB to the Group. BROENLAB is a company with committed and skilled employees, high quality products and an excellent delivery performance, based on lean production technology and a strong supply chain. Under joint ownership, BROEN-LAB, WaterSaver and Guardian have an even stronger platform to continuously develop solutions that meet the demands of customers and end-users. The companies will work collaboratively to share resources and gain economies of scale, as we expand our global footprint and strive for excellence,” Steven Kersten, LI Enterprises Group President.