Black Swan Graphene to complete the acquisition of injection molding specialist Falpaco
Black Swan Graphene has announced that it has completed the acquisition of Falpaco Rubber and Plastic Inc. (“Falpaco”), a Québec-based manufacturer specializing in the custom molding of plastic and rubber components, for total consideration of CA$12.7 million (around US$9.2 million).
The Acquisition represents a key step in Black Swan’s strategy to accelerate the commercialization of graphene products by vertically integrating downstream manufacturing capabilities and moving closer to end customers. By combining Black Swan’s proprietary graphene materials and formulation expertise with Falpaco’s injection molding know-how, customer relationships, and industrial scale, the Company believes it is uniquely positioned to shorten development cycles and transition more rapidly from product validation to commercial adoption.
Source: https://www.graphene-info.com/black-swan-graphene-complete-acquisition-injection-molding-specialist-falpaco
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