ReferIndia News US family sells company for $1.7 bn, makes 540 employees millionaires overnight

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US family sells company for $1.7 bn, makes 540 employees millionaires overnight

Published on: June 23, 2026, 1:20 a.m. | Source: Business Today

The company was founded in 1982 by Claud Walker and grew from a small manufacturing business into a major supplier of electrical equipment enclosures. Over the years, Fibrebond survived significant challenges, including a devastating factory fire

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