SAFIC-ALCAN
Acquisition gives French distributor fifth business in UK
French speciality chemicals distributor Safic-Alcan (Paris; www.safic-alcan.com) said it has acquired UK-based engineered plastics distributor 4Plas (Hinkley; www.4plas.com) for an undisclosed sum.
The deal is the fifth undertaken by the French firm in the UK in the last 15 years. Barry McDonnell, MD of Safic-Alcan UK, said adding 4Plas to the firm’s portfolio would boost its plastics activities, which currently account for 5% of its EUR 725 mn annual turnover.
The deal is the fifth undertaken by the French firm in the UK in the last 15 years. Barry McDonnell, MD of Safic-Alcan UK, said adding 4Plas to the firm’s portfolio would boost its plastics activities, which currently account for 5% of its EUR 725 mn annual turnover.
 The French company has made yet another foray into the UK (Photo: PantherMedia/4kclips) |
Related: Safic-Alcan dips into Brazil with two acquisitions
4Plas was founded in 2003 by Simon Humphrey, Mark Dixon, Jason Thorpe, and Andrew Bastow.
Safic-Alcan’s last foray into the UK was four years ago, when it bought speciality chemicals distributor Langley-Smith (London; www.langley-smith.co.uk). Financial details of that acquisition were also kept under wraps.
10.03.2023 Plasteurope.com [252340-0]
Published on 10.03.2023
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