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Business
Perstorp sells Belgium site to Synthomer
by Alex Scott
March 13, 2017
| A version of this story appeared in
Volume 95, Issue 11
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.
The power is now in your (nitrile gloved) hands
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