CRCD-backed Exo-s raises $4 mln to buy Mexican plastics company
Exo-s, a Canadian supplier of molded plastic parts for the automotive and specialty markets, has secured a $4 million investment from Export Development Canada (EDC). The funding will be used by Exo-s to buy the assets of Mexican plastics producer Hudson Gardens and to purchase new equipment for the acquired company's plant. Sherbrooke, Québec-based Exo-s was founded in 2012 as a result of the acquisition of Camso’s thermoplastic division by Capital régional et coopératif Desjardins (CRCD). CRCD is a retail fund managed by Canadian private equity firm Desjardins Capital de risque.
4 February 2016•3 mins read
