IQAP GROUP
Purchase of Alcolor Group
Masterbatch manufacturer IQAP Group (Masies de Roda / Spain; www.iqapgroup.com) has bought Alcolor Group (Alicante / Spain), another masterbatch producer, for an undisclosed sum. The acquisition makes IQAP the technical masterbatch leader in Spain and follows its opening of a plant in the Czech Republic early last year to serve eastern Europe.
It will now look to extend its presence into other markets in western Europe, targeting the fine tuning of products to serve the plastics and textile markets.
It will now look to extend its presence into other markets in western Europe, targeting the fine tuning of products to serve the plastics and textile markets.
22.06.2007 Plasteurope.com [208368]
Published on 22.06.2007