Expansion of Composites Material Activities in Northern Europe
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced last week that it has acquired 100% of the share capital of Oy Kokko-Fiber Ab [“Kokko-Fiber”] (Kokkola, Finland), a supplier of fiber-reinforced plastic / composite materials in Finland.
The company was founded in 1994. It serves a broad customer base that includes many of the largest Finnish companies that use fiber-reinforced plastics in their operations, IMCD said in the announcement. The company has five employees and posted a revenue of EUR 9.0 mn in 2019.
The company will continue with its present management and staff. No financial details were disclosed on this transaction.
Source: IMCD press release
HGE – DCG / 22.09.2020