Kafrit Group to acquire 51% stake in Plastics App

Kafrit Group, a global masterbatch and compounds leader, signed an agreement to acquire 51% of Plastics App, an Israeli compounding innovation lab. The deal aims to expand Kafrit's technological expertise and Plastics App's customer base.

“According to agreement, kafrit will acquire 51% of Plastics App shares, and Dr. Yanir Shaked, the founder and living spirit of the company will continue to lead the company as CEO & Chief R&D.”plastics-app.com

• 1 source
• plastics-app.comAn Exciting New Strategic Partnership Between Kafrit Group and Plastics App - plastics-appOrit LandsmanNov 27, 2024

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