Published: February 01, 2024
Updated: February 01, 2024
BDO’s M&A and Capital Markets team is pleased to announce that Kafrit Industries (1993) Limited (Kafrit) has acquired ABSA Resin Technologies Inc. (ABSA).
Founded in 2005, ABSA is a well-established and successful plastics compounder that designs custom plastic compound formulations for customers in Canada and the USA. Our M&A and Capital Markets team acted as the exclusive financial advisor to ABSA by assisting the shareholders throughout the deal process. Congratulations to both ABSA and Kafrit!
“Despite numerous seemingly insurmountable challenges, BDO kept us on track and ultimately complete the transaction. The team’s experience and market breadth were essential to finding the right partner and facilitating a successful outcome for all stakeholders.”
For any inquiries related to this transaction, please contact:
Brian Trainor, Managing Director
Salman Virani, Director