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Announced

Completed

INDEVCO completed the acquisition of Perma R Products.

Synopsis

INDEVCO, a group of manufacturing companies, manufactures corrugated, plastic and paper packaging, tissue, completed the acquisition of Perma R Products, a company operates manufacturing facilities. Financial terms were not disclosed. “The acquisition of Perma R is another steppingstone in our commitment to grow into a leading industrial company in the US. With this acquisition, we add to our capabilities Perma R’s expertise and innovative solutions in rigid foam continuous insulation for higher home energy efficiency," Bahjat Frem, INDEVCO Executive Chairman.

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