The Gund Company completed the acquisition of IDI Fabrication.

The Gund Company, a manufacturer specializing in engineered material solutions, completed the acquisition of IDI Fabrication, a manufacturer of engineered composites, thermoplastics, papers, films, flame-resistant FRP sheets, high-temperature flexible insulation, die-cut/fabricated parts, and custom converting services. Financial terms were not disclosed. “IDI has consistently demonstrated industry leadership in custom converting and fabricating engineered materials for applications in sectors such as electrical, medical, and appliances,” Steve Gund, The Gund Company CEO.