# Finproject to acquire Solvay's crosslinkable polyolefin compounds business

Finproject has agreed to acquire Solvay's crosslinkable polyolefin compounds business in Roccabianca, Italy, which generated EUR 82 million in revenue in 2016. The transaction is expected to close in Q2 2017.

- Type: Acquisition
- Announced: 2017-04-11
- Where: Roccabianca, Parma, Italy
- Status: announced
- Products: crosslinkable polyolefin compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Solvay](https://endata.com/companies/1830.md) (target)
- [Finproject](https://endata.com/companies/23516.md) (acquirer)

## Sources

- [plastmagazine.it](https://www.plastmagazine.it/a-finproject-i-compound-solvay/), 2017-04-11: "Sono molto fiero di annunciare che la bandiera italiana torna a sventolare sull'ex sito Padanaplast di Roccabianca."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.