Ascend Performance Materials to acquire Poliblend and Esseti Plast GD

Ascend Performance Materials signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group, including a manufacturing facility in Mozzate, Italy. The acquisition is expected to close in Q2 2020.

“This strategic acquisition marks an important transformation for our company as we grow our European manufacturing and distribution footprint.”ascendmaterials.com

• 3 sources
• ascendmaterials.comAscend to purchase compounding and… | Ascend Performance MaterialsAscend MaterialsFeb 12, 2020
• plasticstoday.comAscend to acquire Italian compounding, masterbatch companiesStephen MooreFeb 13, 2020
• pcimag.comAscend Performance Materials Announces Acquisition | 2020-02-14 | PCI MagazineBy: PCI Editorial StaffFeb 14, 2020

Summarized from public sources; check the original articles before acting on it.