Announced
Synopsis
Industrie Polieco, a piping systems and resins coating company, agreed to acquire The Compound Company, a polymer compound producer. Financial terms are not disclosed. “We are very excited about this intended new ownership. Industrie Polieco – M.P.B. is a family-owned business with a long-term vision, which aligns well with The Compound Company’s company culture. We are impressed by the strong development of Industrie Polieco since its founding in1977 . By combining our technologies and know-how, we will strengthen our offering and create a broader platform for grafted polymers. Our portfolios are highly complementary and together form a more complete product offering. We look forward to working with the knowledgeable team at Industrie Polieco – M.P.B. to further realize our strategy and global growth ambitions," Simon Put, The Compound Company Managing Director.
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