SUBSIDIARY NAME
DENA NANO-WOOD LIMITED
COUNTRY
UNITED KINGDOM
SECTOR/ INDUSTRY
TECHNOLOGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
APR 19, 2022
ACQUISITION VALUATION
200 MILLION
TOTAL ASSET VALUATION
2 BILLION
REAL ESTATE
DENA NANO WOOD LIMITED: IIB acquire Dena Nano-wood Limited on April 19, 2022 to build a factory to house 31 x Production Lines that will extrude a patented mix of end-of-life tires, plastic, and nanomaterial to manufacture modular Affordable Homes at approximately 35% of the cost of traditional build materials. These Affordable Homes will be ‘flat-packed’ into containers to enable rapid build at the site location, a 2 – bedroom home can be built watertight in less than a day by 4 semi-skilled craftsmen