Modular building manufacturer Fleetwood says it has purchased bought aluminium tray and auto accessory manufacturer Bocar.
Fleetwood said in a statement – “The acquisition provides Fleetwood subsidiary Flexiglas with increased scale in New South Wales, and the opportunity to distribute Bocar products through its Australia wide network.”
NSW-based Bocar was established more than 25 years ago.
The acquisition price of $4.75m will be funded from existing facilities with Westpac. The acquisition is effective 12 August 2014.