”This acquisition will allow us to widen our product portfolio with a product that suits us and many of our customers well. The production of PIA will be yet another cornerstone on which Perstorp will build its future. This is also a successful company with expert management and staff who will fit in well with our strategy for growth, not least in Asia,” says Bo Dankis, President and CEO of Perstorp.
When the transaction has been finalized, Perstorp will assume control of the business and all related assets. The transition is contingent upon customary regulatory approvals and expected to be finalized before the end of the year.