POINTERS
Intertape Polymer Group: Takeover of Fibope
Intertape Polymer Group Inc. (IPG, Montreal, Quebec / Canada, www.intertapepolymer.com) has purchased the remaining 50% of shares of Fibope Poruguesa-Filmes Biorientados SA (Barqueiros / Portugal; www.fibope.pt). IPG now owns all of the issued and outstanding common shares of the manufacturer of shrink film. IPG chairman and CEO, Melbourne F. Yull, said the acquisition was an “excellent opportunity to create a platform to manufacture our pressure-sensitive performance products for distribution in the European market.”
31.07.2003 Plasteurope.com [14362]
Published on 31.07.2003