Bondalti to acquire Ercros for €450m.

Bondalti, a provider of chemical products, agreed to acquire Ercros, a chemical company, for €450m. Bondalti’s objective, once the transaction is completed, is to delist Ercros’ shares from the stock exchange. The offer is conditional upon achieving an acceptance level above 75% of share capital, allowing for effective integration and the creation of a European industrial group with adequate scale.