Thrace Nonwovens and Geosynthetics, a subsidiary of Thrace Plastics, has agreed to acquire 100% of Plydex S.r.l., an Italian trader of geosynthetic products, for €2.35 million. The binding agreement was signed on 27 October 2026.
Thrace Nonwovens and Geosynthetics Single Person S.A., a wholly owned subsidiary of Plastics Thrace, acquired 100% of Plydex S.r.l., an Italian distributor of technical textiles and geosynthetic products, for €2.35 million. The agreement was signed on October 27, 2026.
Thrace Plastics has launched investments of €30 million for 2025 to increase production capacity in rigid packaging with new machines in Greece, Bulgaria, and Ireland, and to penetrate new markets. The investment also includes a new thermoforming line in Bulgaria and a new line in technical textiles.
Thrace Plastics Co SA's subsidiary Thrace Polyfilms has signed a binding agreement to acquire E.Vi.Sak.
| Site | Largest | Latest |
|---|---|---|
| Greece | $33.0M | 2025-05-05 |