TORONTO, ONTARIO – (Marketwire – Nov. 16, 2010) – The Penrose Group Inc., a leading Canadian consulting and M&A firm, is pleased to announce that it has facilitated the sale of Rubber Tech International Inc (“Rubber Tech”) to an undisclosed purchaser.
The deal, which is an eight-figure transaction, closed today and includes a long-term crumb supply agreement with world-leading, recycled rubber products manufacturer Champagne Edition Inc. (“Champagne”).