Jadex completes sale of lifoam to altor solutions

New york , oct. 2, 2024 /prnewswire/ -- jadex inc. ("jadex"), a manufacturer and material sciences company, today announced it has completed the previously announced sale of lifoam industries, llc ("lifoam" or the "company") to altor solutions ("altor"), a subsidiary of compass diversified (nyse: codi), for $137 million in cash (excluding working capital and certain other adjustments). lifoam is a leading manufacturer of temperature-controlled packaging products such as thermal shippers and refrigerant gel packs for healthcare, commercial and retail customers.
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