Ancom Nylex acquires 70% stake in Colorex for RM14M

Ancom Nylex Bhd, through its subsidiary Nylex Holdings, is acquiring a 70% stake in Colorex Sdn Bhd for RM14 million cash. Colorex is a specialty chemical blender and trader serving the automotive and other sectors.

“Colorex’s range of products enhances our existing portfolio, specifically towards the automotive sector where our adhesives division [is] already serving.”klsescreener.com

• 1 source
• klsescreener.comAncom Nylex acquires 70% stake in specialty chemical player Colorex for RM14m, cash | KLSE ScreenerSep 19, 2024

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