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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