BGF agrees to acquire 77.01% stake in eco-friendly plastics maker KBF

BGF, through subsidiary BGF Eco Bio, signed an agreement to acquire a 77.01% stake in KBF, a Korean maker of biodegradable foam plastics based in Hwaseong, Gyeonggi. The deal marks BGF's entry into the eco and bio materials market.

“자회사 BGF 에코바이오는 친환경 플라스틱 전문 제조사인 KBF 지분 77.01%를 양수하는 계약을 체결했다.”mk.co.kr

• 1 source
• mk.co.krBGF, 바이오 소재 시장 진출…친환경 플라스틱 기업 인수 - 매일경제Jul 3, 2019

Summarized from public sources; check the original articles before acting on it.