Announced
Completed
Synopsis
Vink, a wholesaler of semi-finished plastic products for the building and advertising industries, completed the acquisition of Innotech, a supplier of exhibition displays, x-banners, and snap frames. Financial terms were not disclosed. "In its 15 years of trading, Innotech has consistently grown above industry average, with strong financial performance. Unsurprisingly the sale attracted attracted a lot of interest from investors internationally, particularly based on recent performance. The purpose of the sale was to provide Innotech with a platform to achieve its long term ambitious growth plans and global expansion," Derek Shedden, Innotech Managing Director.
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