# Hromatka Group acquires majority stake in Guzman Polymers

Guzman Global sold a majority stake in its subsidiary Guzman Polymers to Austria's Hromatka Group. The deal includes international subsidiaries and a 50% joint venture in Portugal.

- Type: Acquisition
- Announced: 2020-08-12
- Where: Valencia, Spain
- Status: announced
- Products: polymers
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hromatka Group](https://endata.com/companies/49028.md) (acquirer)
- [Guzman Polymers](https://endata.com/companies/49029.md) (target)
- [Guzman Global](https://endata.com/companies/49030.md) (target)

## Sources

- [iberianlawyer.com](https://iberianlawyer.com/a-o-counsels-guzman-global-on-majority-stake-sale-in-guzman-polymers/), 2020-08-12: "The Hromatka Group, founded in Austria in1969, is also a family business and one of the leading distribution groups in the plastics market."

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