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Borealis Acquired PEC-Rhin S.A. from GPN
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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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