Substrate AI finalizes the acquisition of the adhesive label producer Ibi, an operation that it expects to close at the end of May and whose negotiations are taking place in parallel to its exit to BME Growth, scheduled for Tuesday, May 17.

Adhesivas Ibi will contribute to the group an annual turnover of 4.7 million euros with a gross operating profit (Ebitda) of 953,000 euros and 42 employees on the workforce, according to information provided to investors by Substrate AI.

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