PARX MATERIALS
Norwegian investors acquire majority stake
By Plasteurope.com staff
The manufacturer of biocompatible, antimicrobial compounds, Parx Materials (Rotterdam, Netherlands; www.parxmaterials.com) has a new majority shareholder. GCP Technology (Drammen, Norway) has acquired a 57% stake from founders Michaël van der Jagt and Michele Fiori, according to the Rotterdam-based company. GCP is an investment vehicle of Norwegian investors. Parx did not disclose the purchase price.
The manufacturer of biocompatible, antimicrobial compounds, Parx Materials (Rotterdam, Netherlands; www.parxmaterials.com) has a new majority shareholder. GCP Technology (Drammen, Norway) has acquired a 57% stake from founders Michaël van der Jagt and Michele Fiori, according to the Rotterdam-based company. GCP is an investment vehicle of Norwegian investors. Parx did not disclose the purchase price.
 Parx headquarters in Rotterdam (Photo: Parx Materials) |
Van der Jagt described the transaction as an important milestone for Parx, as it allows the financing of the proprietary technology to be advanced further. In order to ensure an orderly transition, the two founders are to remain with the company for at least the coming year.
16.09.2024 Plasteurope.com [256176-0]
Published on 16.09.2024
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