# KB Components Group acquires Innotech Precision Inc.

KB Components Group, part of BrA Invest, acquired Innotech Precision Inc., a North American injection molding company in Toronto, Canada, with a turnover of 16 MCAD and about 60 employees.

- Type: Acquisition
- Announced: 2023-12-04
- Where: Toronto, Canada
- Status: completed
- Products: injection molded plastic components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [KB Components](https://endata.com/companies/32822.md) (acquirer)
- [Innotech Precision Inc.](https://endata.com/companies/74179.md) (target)
- [BrA Invest](https://endata.com/companies/74180.md) (investor)

## Sources

- [kbcomponents.com](https://www.kbcomponents.com/kb-components-group-acquires-innotech-precision-inc/), 2023-12-04: "KB Components Group, a part of BrA Invest, hereby announces that it has acquired Innotech Precision Inc. in Toronto, Canada."

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