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BEWI Group acquired assets related to the production of EPP-based components from insolvent Philippine & Co GmbH Technische Kunststoffe KG, including equipment, personnel, IP rights, and operations at the Schkopau site near Leipzig.
BEWI ASA signed an agreement to acquire assets related to EPP-based component production from the insolvent Philippine & Co GmbH Technische Kunststoffe KG, including equipment from two facilities, inventory, and IPR. The deal is expected to close in Q3 2024.