Lignetics Acquires Fiber By-Products
April 17, 2023
Lignetics Group has acquired Fiber By-Products, a White Pigeon, Michigan-based recycler and wood pellet manufacturer, enabling the company to scale Fiber By-Products' production and reach a larger segment of the residential heating, BBQ and animal bedding markets. The transaction marks an exit for investor Beringea U.S., which originally invested in Fiber By-Products in 2013.
- Buyers
- Lignetics
- Targets
- Fiber By-Products
- Sellers
- Beringea U.S.
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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