Announced
Completed
Synopsis
Ambienta-backed Phoenix International, a designer and manufacturer of aluminum extrusion dies, completed the acquisition of Extrusion Dies Poland, a manufacturer of aluminum extrusion dies. Financial terms were not disclosed. "I am thrilled to welcome EDP to the Phoenix family and to deepen our relationship with Phoenix Middle East, one of our most trusted partners with whom we have built a long-standing and successful business in the UAE and the Middle East. The acquisitions enable us to expand our footprint in Eastern Europe, home to some of Europe’s most prominent extruders, while also strengthening our foothold in the Middle East to better serve the rapidly growing GCC market,” Paolo Groff, Phoenix International Chairman and CEO at Phoenix
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