K.B. Recycling Industries Ltd (TSE:OSIX) has released an update.
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K.B. Recycling Industries Ltd, a key player in advanced recycling, has expanded its environmental commitment by acquiring Original RePack Oy, a leader in reusable packaging systems. The deal, worth approximately $2.64 million, includes 24.9 million shares and a $108,000 cash payment. This strategic acquisition emphasizes the company’s dedication to reducing single-use packaging in e-commerce, aligning with their vision of a sustainable, circular packaging economy.
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