NanoXplore has announced an agreement to acquire all of the issued and outstanding shares of CEBO Injections, a Swiss-based injection molding company, from BCR Plastic Group. CEBO provides customers with high precision and high-quality injection molded products, and serves the automotive, medical, industrial and watches manufacturing markets.
Dr. Soroush Nazarpour, President and CEO of NanoXplore commented: "Our graphene improves the performance and minimizes shrinkage of injection molded plastic parts such as those provided by CEBO. Acquiring CEBO will allow NanoXplore to demonstrate the benefits of graphene to CEBO's existing customers while providing NanoXplore with an entry into the European market, accelerating the adoption of graphene enhanced thermoplastics".