Borealis Acquired PEC-Rhin S.A. from GPN

Business › n.a. ♦ Published: February 1, 2012; 16:19 ♦ (Vindobona)

The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.

Borealis Acquired PEC-Rhin S.A. from GPN / Picture: © Borealis

Borealis, an Austria-based, international provider of chemical and innovative plastics solutions and a major player in fertilizers in Central Europe, announces it has acquired PEC-Rhin S.A. (Ottmarsheim, France) in its entirety from GPN. GPN, a 100% subsidiary of Total, owned a 50% interest in PEC-Rhin and exercised its pre-emption right for the remaining 50% stake originally owned by…

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