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Recticel to sell Engineered Foams business to Carpenter Co. · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Oct 11, 2021ACQUISITION

Recticel to sell Engineered Foams business to Carpenter Co.

Recticel NV announced it has received a binding offer from Carpenter Co. for its Engineered Foams business. The sale is expected to close in Q2 2022, allowing Recticel to focus on its insulation business.

Status

Announced

Productsengineered foams

CompaniesRecticel target Carpenter Co. acquirer

Sectors#Specialty Chemicals #Plastics and Polymers

“Recticel announces strategy update and intended sale of its Engineered Foams business.”stockopedia.com

1 source
stockopedia.comRECTICEL SA | Brief: Recticel To Sell Its Engineered Foams BusinessNov 10, 2021

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

More from Recticel

Oct 11, 2020ACQUISITIONSwitzerland$295.0M
Recticel to acquire FoamPartner from Conzzeta for CHF 270 million
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Apr 6, 2020ACQUISITIONBelgium
Recticel transfers Automotive Interiors division to JV with Admetos
Recticel Greiner AG acquirer autotechinsight.spglobal.com autotechinsight.ihsmarkit.com drivingvisionnews.com
Feb 19, 2019ACQUISITIONBelgium
Sekisui Plastics acquires 75% of Proseat from Recticel
Recticel partner Proseat target recticel.com
Feb 5, 2019ACQUISITIONMörfelden-Walldorf, Germany, Germany
Sekisui Plastics acquires 75% stake in Proseat from Recticel
Recticel partner Proseat target arqis.com
Dec 20, 2018ACQUISITIONMörfelden, Germany (headquarters); manufacturing sites in Czech Republic, France, Germany, Poland, Spain, UK, Germany
Woodbridge to sell 49% stake in Proseat JV to Recticel
The Woodbridge Group Recticel acquirer autotechinsight.spglobal.com everchem.com

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