INFINITY L&T's subsidiary plans to acquire the remaining 20% equity of Trust Flexitank, S.L. for €4.3 million
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INFINITY L&T announced that its wholly-owned subsidiary Flexitank Solutions Pte. Ltd. plans to acquire a 20% stake in Trust Flexitank, S.L. for €4.3 million. This acquisition will give INFINITY L&T full control over the target company, which is expected to enhance profitability and investment returns, as well as strengthen future earnings and operational synergies. Since acquiring an 80% stake in December 2023, the target company has demonstrated stable performance improvements. Upon completion, Trust Flexitank will become a wholly-owned subsidiary of INFINITY L&T
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