POINTERS
British Vita buys Italian TPE compounder
British Vita (GB-Manchester M24 2DB; www.britishvita.com) has enhanced its thermoplastic polyester compounding capabilities with the purchase of the TPE business of Italy´s Valerio Franceschetti Elastomeri (I-25040 Corte Franca; www.valeriofranceschetti.com) for EUR 8m in cash. With sales in 2004 of EUR 19.5m and EBITDA of EUR 1.5m, VFE sells TPE compounds for leisure, construction, medical and household appliance applications.
21.04.2005 Plasteurope.com [11295]
Published on 21.04.2005