Carpenter Completes Acquisition of Recticel’s Engineered Foams Business

Belgian foam maker Recticel has signed a binding agreement to sell its engineered foam business to US-based Carpenter Corp., subject to customary closing conditions, including antitrust clearance. Carpenter and Recticel received such permission from the UK Competition and Markets Authority (CMA) on April 12, 2023, and subsequently signed on April 17, 2023 to place two…