Safic-Alcan acquires Dutch Company Necarbo
Monday, 13 February 2012
Safic-Alcan buys Necarbo, a Dutch specialist in additives for the coatings and inks industry.
Safic-Alcan, an international distribution group of chemical specialties, announced that it has acquired Necarbo, a Dutch-based chemical distributor belonging to PPG group. This Netherlands-based company was formally owned by PPG Industries and specializes in chemicals and additives for the coatings, inks and water treatment industries. Necarbo, based in Beverwijk, employs 48 people and reported sales of EUR 60 million in 2011.The company portfolio includes synthetic resin and pigment preparations. This acquisition will strengthen Safic-Alcan's position within the coatings & inks industry, specifically within Belgium, The Netherlands, Luxembourg, France, Germany, Malaysia and the Middle East.
This acquisition will strengthen Safic-Alcan and Necarbo’s position in 25 countries, in which they are currently active.
Source: Imageteam-Fotolia.com
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