Announced

Altri to acquire a majority stake in AeoniQ from HeiQ.

Synopsis

Altri, a producer of sustainable cellulosic pulp, agreed to acquire a majority stake in AeoniQ, a developer of climate-positive, biodegradable cellulosic, from HeiQ, a producer of textile finishing and other auxiliaries. Financial terms are not disclosed. “This agreement gives concrete form to Altri’s strategy of moving up the value chain and investing in next-generation materials,” José Soares de Pina, Altri CEO.

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MergerLinks - Altri to acquire a majority stake in AeoniQ from HeiQ.