Adell Group acquires Powerflow

Kinderhook-backed Adell Group Inc. acquired Powerflow Inc., Powerflow Products Ltd., and Gestion Solutions Plastik Inc., providers of injection-molded plastic accessories for automotive OEMs. Financial terms were not disclosed.

“Powerflow represents a transformational acquisition for Adell as it expands its geographical presence, customer base, and product offerings.”kinderhook.com

• 2 sources
• kinderhook.comKinderhook-backed Adell Group Acquires Powerflow - Kinderhook IndustriesJun 26, 2019
• lawtimesnews.comMinden Gross advises Powerflow on acquisition by Adell Group | Law TimesGabriel OlanoJul 11, 2019

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