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Compass Diversified Unit Altor Solutions to Acquire Lifoam Industries for $137 Million
2024-08-19 20:39
08:39 AM EDT, 08/19/2024 (MT Newswires) -- Compass Diversified (CODI) subsidiary Altor Solutions said Monday it has agreed to acquire Lifoam Industries, a temperature-controlled shipping services manufacturer, for $137 million in cash.
Altor said the deal will boost its cold-chain packaging capabilities and expand its customer base.
The deal is expected to close in September, Altor said.
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