# BEWI acquires majority stake in Polish company IZOBLOK

BEWI entered into an agreement to acquire a 54.21% stake (65.66% voting rights) of IZOBLOK, a Polish provider of Expanded Polypropylene components to the automotive industry, to strengthen its position in the automotive sector.

- Type: Acquisition
- Announced: 2021-04-28
- Where: Poland
- Status: announced
- Products: Expanded Polypropylene (EPP) components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Bewi](https://endata.com/companies/2598.md) (acquirer)
- [Izoblok](https://endata.com/companies/22042.md) (target)

## Sources

- [bewi.com](https://bewi.com/press-releases/bewi-enters-into-an-agreement-to-acquire-a-majority-stake-of-the-listed-polish-company-izoblok-to-strengthen-its-position-in-the-automotive-industry/), 2021-04-28: "We are pleased to announce this transaction, once again confirming our strategy to consolidate in a market that has shown considerable growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.