Black Swan Graphene has announced plans to acquire Quebec injection molding company Falpaco Rubber and Plastics Inc. for CAD$12.6 million (around USD$9.2 million) to vertically integrate production of graphene-enhanced rubber and plastic parts.
The deal represents “a key step in Black Swan’s strategy to accelerate the commercialization of graphene products,” according to the statement. Black Swan plans to vertically integrate downstream manufacturing capabilities and move closer to end customers by combining its graphene materials and expertise with Falpaco’s injection molding and market base. The combination could shorten development cycles and accelerate the transition from product validation to commercial adoption, Black Swan said.
Black Swan Graphene has announced plans to acquire Quebec injection molding company Falpaco Rubber and Plastics Inc. for CAD$12.6 million (around USD$9.2 million) to vertically integrate production of graphene-enhanced rubber and plastic parts.The deal represents “a key step in Black Swan’s strategy to accelerate the commercialization of graphene products,” according to the statement. Black Swan plans to vertically integrate downstream manufacturing capabilities and move closer to end customers by combining its graphene materials and expertise with Falpaco’s injection molding and market base. The combination could shorten development cycles and accelerate the transition from product validation to commercial adoption, Black Swan said.
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