Absorption Corp announces acquisition

Absorption Corp Announces Acquisition by J. Rettenmaier & Söhne Group

Absorption Corp announced the sale of its parent and operating companies by private equity firm Kinderhook Industries, LLC (“Kinderhook”) to multinational manufacturing company J. Rettenmaier & Söhne Group (“JRS”). Financial terms of the transaction were not disclosed. Absorption Corp had been a portfolio company of Kinderhook since 2010.