COIM
Acquisition of controlling stake in PU adhesive maker Neoflex
Coim expands with Spanish acquisition (Photo: Coim)
Italian PU system specialist Coim (Settimo Milanese; www.coimgroup.com) said it has taken a majority stake in Spain’s Neoflex (Elche; www.neoflex.es), a move completed in April 2021. The Spanish company specialises in one- and two-component adhesives and reactive hot melt products, according to Coim.

Coim president and CEO Giuseppe Librandi said, “The downstream integration of our polyesters will allow us to decisively enter a high value-added and growing speciality market.” Both companies are hoping for strong synergies, with Neoflex expected to use Coim to promote exports to international markets.
09.07.2021 Plasteurope.com [248058-0]
Published on 09.07.2021
Coim: Mehrheit an PUR-Klebstoffhersteller Neoflex erworbenGerman version of this article...

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