# FRX Innovations to sell subsidiary FRX Polymers to FRX Acquisition

FRX Innovations Inc. has entered into a stock purchase agreement to sell all equity interests in its operating subsidiary FRX Polymers, Inc. to FRX Acquisition, Inc. for US$1.5 million in cash plus other considerations.

- Type: Acquisition
- Announced: 2024-11-27
- Value: $1.50M
- Status: announced
- Products: polymer products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [FRX Innovations](https://endata.com/companies/66034.md) (partner)
- [FRX Polymers](https://endata.com/companies/81335.md) (target)
- [FRX Acquisition](https://endata.com/companies/81336.md) (acquirer)

## Sources

- [thenewswire.com](https://www.thenewswire.com/press-releases/1BR1F0oOp-frx-innovations-announces-proposed-sale-of-its-operating-subsidiary-frx-polymers-inc-amid-strategic-restructuring.html), 2024-11-27: "FRX Innovations Inc. is pleased to announce that it has entered into a definitive stock purchase agreement ... to sell all of the equity interests in its wholly-owned operating subsidiary FRX Polymers, Inc."

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