Oxbow Industries and Management Acquire Inno-Flex from Beryl Corporation

August 15, 2016

INOF Asset Acquisition, LLC—a company formed by Inno-Flex management and Oxbow Industries, LLC—acquired the assets of Inno-Flex Corporation from Beryl Corporation in an asset sale. Inno-Flex, based in New Hope, Minnesota, manufactures decorative and functional interface products (including membrane switches and in-mold labeling) and has 97 employees; senior debt was provided by MidCountry Bank and the purchase price was not disclosed.

Buyers
INOF Asset Acquisition, LLC, Oxbow Industries, LLC
Targets
Inno-Flex Corporation
Sellers
Beryl Corporation and its shareholders
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Divestiture

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