Alphagary acquires majority stake in Shakun Polymers

Alphagary, an Orbia business, announced it will acquire majority share ownership of Shakun Polymers Private Limited, a market leader in compounds for wire and cable markets in Asia and Africa.

“Alphagary, a global leader in the design and manufacture of specialty polymer compounds and a division of Orbia’s Polymer Solutions business group, announced today that it will partner with Shakun Polymers and acquire majority share ownership of Shakun Polymers Private Limited.”alphagary.com

• 2 sources
• alphagary.comAlphagary (Orbia) partners with Shakun Polymers; acquires majority share ownershipAlphagary, an Orbia businessMay 13, 2021
• businesswire.comAlphagary, an Orbia Company, Acquires Majority Share Ownership in Shakun Polymers Private Limited in IndiaAlphagaryMay 13, 2021

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