Acquisitions
News Plastech

Sumitomo and Demag together

Sumitomo and Demag together

The agreement signed at the beginning of February for the sale of Demag Plastics Group to the Japanese Sumitomo Heavy Industries, Ltd. will enter into force on March 3, 2008.

Rohm and Haas to Acquire Polymer Dispersions Division Of OY Forcit AB

Rohm and Haas to Acquire Polymer Dispersions Division Of OY Forcit AB

Rohm and Haas Company has signed an agreement to acquire the FINNDISP division of OY Forcit AB, a Finnish paint emulsions operation, for approximately 60 million euro. Based in Hanko, Finland, this division of Forcit makes water-based emulsions used in the manufacture of paints and coatings, lacquers and adhesives in Northern Europe and the Commonwealth of Independent States (former Soviet Union). Rohm and Haas expects to complete the transaction by the end of the first quarter of 2008.

Podanfol from Poland acquired austrian and hungarian companies

Podanfol from Poland acquired austrian and hungarian companies

Podanfol Sp. z o.o., Poland, has acquired ownership rights to production assets of Victan Kft Hungary and Victus GmbH Austria. Since few days is also an owner of the right to the trade mark Victan as well as the patent rights to all Victan multi-layer casings.