# Snetor Group acquires 70% of Tecnopol Group's distribution activities

The Snetor Group has acquired 70% of the Tecnopol Group, forming Tecnopol Snetor Spa. The deal was officialized on July 21, 2020, and also creates Tecnopol Snetor Iberica in Spain, 60% controlled by Snetor.

- Type: Acquisition
- Announced: 2020-07-21
- Where: Italy
- Status: completed
- Products: polymers
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Snetor Group](https://endata.com/companies/6979.md) (acquirer)
- [Tecnopol Group](https://endata.com/companies/49743.md) (target)

## Sources

- [snetor.com](https://www.snetor.com/en/the-snetor-group-acquires-70-of-the-distribution-activities-of-the-tecnopol-italian-group/), 2020-09-04: "Officialized on July 21, 2020, the Tecnopol entity becomes Tecnopol Snetor Spa."

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