Issue Date: March 13, 2017
Perstorp sells Belgium site to Synthomer
Swedish specialty chemical firm Perstorp has agreed to sell its site in Ghent, Belgium, which produces additives for the coatings industry, to England-based Synthomer for about $82 million. The plant has 45 employees and generated pretax profits of $8.5 million in 2016. “The business is an excellent fit and provides increased access to new products and customers,” says Synthomer CEO Calum MacLean.
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