COIM completed the acquisition of Neoflex.

COIM, an Italian chemical group, completed the acquisition of Neoflex, a producer and distributor of adhesives for the industry. Financial terms were not disclosed. "The downstream integration of our polyesters will allow us to decisively enter a high value-added and growing speciality market," Librandi continued. "There are many synergies with COIM: Neoflex provides solutions with a low environmental impact that also use raw materials COIM already produces. In addition, by joining a structured Group like COIM, Neoflex customers will be able to be served not only at the national and European level, but in all regions of the world where they operate." Giuseppe Librandi, COIM President and CEO.