Announced
Completed
Synopsis
Indorama Ventures, a global sustainable chemical company, completed the acquisition of Tollegno 1900, a textile products company. Financial terms were not disclosed. “Indorama Ventures is a very suitable business match for Tollegno as we are also a large family business with the same core values. The deal allows us to continue with our trusted, key business leaders, which not only gives us comfort regarding the continuation of the business but offers our employees and customers new opportunities to thrive in the future,” Giovanni Germanetti, Tollegno CEO.
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