date:Jun 19, 2012
The Canada-based firm said it signed a letter of intent (LOI) to purchase a 75.1% stake in Binder for 2m. EnWave said it would fund the acquisition by selling up to three million common shares.
The German outfit design and develops custom driers and complete dehydration turn-key plants from its headquarters in Marzling. Established in 1950, Binder supplies both the food and chemical industries with vacuum microwave drying systems.
The drying systems experts have been working in partnership sin