Ellis & Winters Participates in Hexatronic Group AB’s acquisition of Blue Diamond Industries LLC
Ellis & Winters is pleased to announce that its client, Hexatronic Group AB (publ), completed the acquisition of Lexington, Kentucky-based Blue Diamond Industries LLC, a market leader in manufactured High Density Polyethylene (HDPE) pipes and tubes for the telecommunications and power market, on January 2, 2018.
“I am very pleased to welcome BDI to the Hexatronics Group. BDI’s product portfolio both complements and strengthens our offering in the US market. In addition, the acquisition significantly strengthens our business presence in this important market.” says Henrik Larsson Lyon, CEO of Hexatronic Group in an official press release from December, 2017.
Kurt Dumaw, corporate partner of Ellis & Winters in Raleigh, said “Ellis & Winters is honored to have served as legal advisor for Hexatronic Group in connection with the acquisition of BDI. We look forward to Hexatronic’s continued growth and opportunities here in North America.”