Americas August 21, 2018
Taghleef Industries acquires Biofilm
Taghleef Industries Expands Latin American Presence with Acquisition of Biofilm
Taghleef Industries (Ti), Lisa Holdings and Valorem S.A. today announced that they have reached an agreement for Taghleef to acquire Biofilm, one of Latin America’s leading producers of BOPP films for flexible packaging, labels and industrial applications. The transaction, which was approved by the Board of Directors of all parties, is subject to regulatory approval and is expected to close in the fourth quarter of 2018.