HS Timber Group and Blue Minds to acquire Interfloat Corporation

HS Timber Group (80%) and Blue Minds (20%) signed a contract on 28 February 2020 to acquire Interfloat Group, including GMB Glasmanufaktur Brandenburg GmbH, a European solar glass producer with about 300 employees and EUR 45 million turnover in 2019. Closing is expected in Q2 2020, subject to regulatory approval.

“The acquisition is subject to the approval of the German and Austrian competition authorities.”hs.at

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• hs.atHS Timber Group and Blue Minds sign contract to acquire solar glass producer 'Interfloat Corporation'Mar 3, 2020

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