Hexpol Acquires Excel Polymers
Hexpol, Sweden, a leading rubber compounding group, has acquired its U.S. competitor Excel Polymers for USD 212.5 million from ACI Capital and Lion Chemical Capital. Excel Polymers had sales of USD 284 million in 2009 and eight manufacturing facilities located in the U.S., Mexico, China and United Kingdom.
Labels: Acquisition, Sweden, United States
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