Sekisui Plastics acquires 75% of Proseat from Recticel

Recticel announced the closing of the divestment of its Proseat joint venture, with Sekisui Plastics acquiring 75% of Proseat. Recticel retains 25% with an option to sell by January 1, 2022.

“Recticel is pleased to announce the closing of the transactions whereby Sekisui Plastics Co., Ltd. acquires 75% in the European moulded seat cushion specialist Proseat.”recticel.com

• 1 source
• recticel.comRecticel confirms the closing of its divestment of the Proseat joint venture | RecticelRegulated information, BrusselsFeb 19, 2019

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