Recitel divests from its Proseat JV in two steps

Recitel divests from its Proseat JV in two steps
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

24.12.2018

MOSCOW (MRC) -- RecticelВ  announcesВ  that itВ  hasВ  enteredВ  into final agreementsВ whereby it will first acquireВ  theВ  remainingВ 49%В in its Proseat joint venture from its CanadianВ  partner WoodbridgeВ FoamВ Corporation,В andВ  subsequentlyВ sell 75%В inВ Proseat toВ Japanese public company Sekisui Plastics Co., Ltd., as per the company's press release.The new joint venture betw

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