BEWI enters into an agreement to acquire a majority stake of the listed Polish company IZOBLOK to strengthen its position in the automotive industry
BEWI ASA, the owner of BEWiSynbra Group AB and a leading provider of packaging, components, and insulation solutions, today announces that the company has entered into an agreement to acquire a majority stake of the listed Polish company IZOBLOK, a leading European provider of Expanded Polypropylene (EPP) components to the automotive industry.“We are pleased to announce this transaction, once again confirming our strategy to consolidate in a market that has shown considerable growth. Through this acquisition, we significantly strengthen our market position in the automotive industry.