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International Chemical Investors Group (ICIG) has signed a binding put option to acquire the PVC compounds business of Benvic Group from Investindustrial. The business, Benvic Compounds, has annual sales of about €500 million. Closing is expected by end of 2022, subject to regulatory approvals.
“PVC Europe Group, an independently managed investment subsidiary of Investindustrial Growth—an investment, holding, and advisory group—has signed a binding put option for the sale of the compounds business of Benvic Group (Dijon, France) to International Chemical Investors Group (ICIG; Frankfurt, Ge”borderless.net
Summarized from public sources; check the original articles before acting on it.