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Keter said to be interested in Rubbermaid division
Keter Plastics, Herzliya / Israel, is believed to be negotiating to acquire parts of Rubbermaid's (www.rubbermaid.com), Wooster, Ohio / USA, plastics consumer articles business. Talk is of a deal worth USD 200m. In December 2003 Keter became Europe's largest plastic consumer products manufacturer with the acquisition of French bathroom fixtures manufacturer Allibert (www.allibert.fr), Voreppe. Sales of EUR 570m are projected for 2004. According to Israeli press reports, Keter is also looking at other acquisition opportunities in the US and Europe.
08.07.2004 Plasteurope.com [12778]
Published on 08.07.2004