Canadian Solegear buys the bioplastics division of U.S. Ex-Tech

SolegearSolegear Bioplastic Technologies, a global-leading bioplastic technology company headquartered in Vancouver, Canada, announced yesterday that it has formally closed the previously announced strategic acquisition of the bioplastics division of Ex-Tech Plastics for consideration of $1.33 million in common shares of the Company at a deemed price of $0.20 per share.  Ex-Tech, based in the Chicago, Illinois, area has been a leading manufacturer of extruded plastic sheets for over thirty years.

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