Jul 10, 2021ACQUISITIONGermany PTTGC acquires Allnex for €4 billion to enter coating resins business
PTT Global Chemical, through its subsidiary GC Inter B.V., agreed to acquire 100% of Allnex Holding GmbH and preferred shares in Allnex Holding Germany II GmbH for a total of €4,002.2 million (approx. THB 148,417 million). The deal was signed on July 10, 2021.
Productscoating resinscrosslinkers
“PTTGC announced a 148,417 million baht diversifying investment in a global leader in specialty coating resins and crosslinkers business.”kaohoon.com
- 5 sources
- kaohoon.comPTTGC Invests ฿148Bn in World’s Leading Coating Resins and Crosslinkers BusinessConglinJul 12, 2021
- pttgcgroup.comA subsidiary of GC, PTTGC International (Netherlands) B.V., announces landmark acquisition of global coating resins leader allnex | PTT Global ChemicalJul 13, 2021
- cen.acs.orgMajor coating resin firms change handsAlex ScottJul 15, 2021
- prnewswire.comA subsidiary of GC, PTTGC International (Netherlands) B.V., announces landmark acquisition of global coating resins leader allnexPTT Global Chemical Public Company LimitedJul 16, 2021
- prnewswire.com
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