AOC to acquire UPR Operations in Czech Republic from Kaprain and Spolchemie.

AOC, a global supplier of resins and specialty materials, agreed to acquire UPR Operations in Czech Republic from Kaprain, a Czech investment group, and Spolchemie, a European producer of specialty epoxy resins and systems. Financial terms were not disclosed. "AOC has been delivering quality resins for composites applications for over 50 years, and is recognized for its market leadership in quality and innovation. As a result of this change, AOC can take a stronger ownership of the operations and apply its manufacturing expertise from around the globe. This will also help to strengthen the product portfolio we can offer to the region, including our broad range of specialty resins. At the same time, the products based on recycled PET will become available to more customers across the European continent," Stefan Osterwind, AOC Managing Director EMEA.