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Announced

Indutrade to acquire Bramming Plast-Industri from Blue Equity.

Synopsis

Indutrade, a provider of engineering and equipment products, agreed to acquire Bramming Plast-Industri, a manufacturer of technology-based polyurethane foams, from Blue Equity, an. investment firm. Financial terms were not disclosed. “BPI has a unique position on the engineered foam market, operating in a niche with clear growth opportunities, where the use of sustainable material and recycling concepts are key parts of its customised solutions. The company shows a high degree of maturity on a strategic level and has a people-oriented culture that fits well with the Indutrade family. I am delighted to welcome them to the Group," Bo Annvik, Indutrade President and CEO.

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