RadiciGroup Performance Plastics acquires the Engineering Polymer Solutions business of Invista.
RADICIGROUP PERFORMANCE PLASTICS – a world-renowned producer of polyamide, PBT, TPE and POM engineering plastics, and leading business area of RadiciGroup, an Italian manufacturing multinational with 2015 sales revenue of EUR 1,011 million and diversified businesses focusing on chemicals, plastics, synthetic fibres and nonwovens – ANNOUNCES THE SIGNING OF AN AGREEMENT FOR THE ACQUISITION OF THE ENGINEERING POLYMER SOLUTIONS BUSINESS OF THE AMERICAN COMPANY INVISTA.
RADICIGROUP PERFORMANCE PLASTICS – a world-renowned producer of polyamide, PBT, TPE and POM engineering plastics, and leading business area of RadiciGroup, an Italian manufacturing multinational with 2015 sales revenue of EUR 1,011 million and diversified businesses focusing on chemicals, plastics, synthetic fibres and nonwovens – ANNOUNCES THE SIGNING OF AN AGREEMENT FOR THE ACQUISITION OF THE ENGINEERING POLYMER SOLUTIONS BUSINESS OF THE AMERICAN COMPANY INVISTA.
On Monday, 12 September, RADICIGROUP PERFORMANCE PLASTICS signed an agreement for the purchase of the Engineering Polymer Solutions business of the American company INVISTA. With this acquisition, RadiciGroup – a world leading producer of nylon, PBT, TPE and POM engineering plastics – will be able to further strengthen and expand its presence in both the American and European markets. The closing of the transaction is expected within 60 days.
14 September 2016
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