Announced
Completed
Synopsis
Plastchim-T, a manufacturer of biaxially oriented polypropylene films, completed the acquisition of Manucor, a company that produces polypropylene film for flexible packaging and labels applications. Financial terms were not disclosed. “The Manucor Team and I are extremely excited to be joining the Plastchim-T Family. Plastchim-T is a fantastic business with committed and passionate employees, a great track record and enormous client base, serving more than 50 markets worldwide. Being part of Plastchim-T will enable us to grow the business further and faster by utilizing multiple synergies for competitive growth," Luigi Scagliotti, Manucor CEO.
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