Riethmüller completed the merger with Folat.

Riethmüller, a developer and manufacturer of event and decoration articles, completed the merger with Folat, a supplier and manufacturer of party products. Financial terms were not disclosed. “In this growing market, with over 2m birthdays per day, the opportunities are enormous. We are still at the beginning! We want to grow organically but also explore M&A opportunities. The journey with Torqx has been very exciting, and I want to thank them for the cooperation over the past years," Marc Mulckhuyse, Folat Co-Founder.