USEUROPEAFRICAASIA 中文双语Français
World
Home / World / Europe

Italmatch acquires phosphonates business

chinadaily.com.cn | Updated: 2013-03-15 21:36

Italmatch Chemicals SpA, an Italian specialty chemicals company controlled by Mandarin Capital Partner, has successfully completed the acquisition of the phosphonates business under the global leading brand Dequest, and of the phosphorus chlorides business from Netherlands-based Thermphos International BV, according to Mandarin Capital Partner on March 15.

"The acquisition of Dequest and the Thermphos Chlorides Business represents a unique opportunity to consolidate and grow the business in the long term, through the exploitation of significant potential synergies," said Italmatch Managing Director Sergio Iorio.

Italmatch Group has five manufacturing sites in Europe, and three plants in China, in addition to sales and distribution subsidiaries, focused in Asia Pacific and including local technical assistance capabilities.

Chinese leading construction-machinery maker Zoomlion and investors of Mandarin Capital Partners, Hony Capital and Goldman Sachs purchased CIFA in 2008 for 271 million euros ($354 million).

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US