Deal snapshot: UFP Technologies Sells Molded Fiber Business to CKF for USD 32m.

MANews-(C)2009-2022

US-based medical market components, subassemblies, products, and packaging supplier UFP Technologies, Inc (NASDAQ: UFPT) has sold its molded fiber business and related real estate in Iowa to CKF, Inc. for approximately USD 32m, the company said.

Founded in 1991, MFT was a pioneer in the development of "molded pulp" packaging using only water...

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