Inscape announces the completion of the sale and leaseback of the Falconer, New York Facility and the sale of the DC Rollform business to Dahlstrom Roll Form

Jan 02, 2020

HOLLAND LANDING, Ontario, Jan. 02, 2020 (GLOBE NEWSWIRE) -- Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, previously announced on November 11, 2019 that it had entered into an agreement for the sale of the Falconer Facility which currently manufactures Inscape’s branded Walls products and the DC Rollform integrated metal fabrication business to Dahlstrom Roll Form, subject to certain conditions. On December 31, 2019, all conditions were satisfied and the transaction was completed. The purchase price was $4.4 million (Canadian).

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