2 September 2008
Perstorp, the Swedish chemicals Group, has received legal approval for the takeover of the acquired activities within Rhodia Organics and Lyondell Chimie, which entered Perstorp’s ownership as of September 1.
The acquisition is the sixth in a short period as the Perstorp Group continues its fast growth with sales soaring from SEK 7 billion in 2006 to SEK 16 billion in 2008 (pro forma).
The acquisition increases Perstorp’s sales and operating profit by over 30% and increases its number of employees to 2,700. Perstorp already has production in 11 countries in North and South America, Europe and Asia, and is now gaining two new production plants, one in Le Pont-de-Claix, France, and one in Freeport, Texas, USA.