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rochling

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  2. rpc finalises 386m promens group as acquisition

rpc finalises 386m promens group as acquisition

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By admin on Wed, 02/25/2015 - 15:33

rpc group has announced the completion of the acquisition of promens group as, following receipt of all required antitrust clearances.as a result of the &euro386m deal, the new combined group will have a turnover in excess of &euro2bn, operate from more than 90 facilities worldwide and employ circa 15.000 people. rpc says the enlarged group will be able to serve its customers better by extending the respective product ranges and geographical spread and by offering new technologies.&ldquowe are pleased to have completed the acquisition of promens and look forward to welcoming our new colleagues into the rpc group,&rdquo commented pim vervaat pic, rpc&rsquos chief executive. &rdquothe combination of rpc and promens will create an enhanced platform of scale across our core european end markets enabling us to deliver superior value for our customers and shareholders in the future.&rdquojakob sigurdsson, president &amp chief executive officer of promens, commented &ldquothe combination of rpc and promens will be a very powerful one which will undoubtedly deliver tremendous value for our customers through the enlarged group&rsquos enhanced product, technology and geographic reach, together with the interaction of our respective employees in sharing best practice with their vast experience in the plastics industry. this transaction is a testimony of the outstanding work of the employees of promens over many years.&rdquo&nbsp

httpwww.packagingnews.co.uknewsbusinessmergersacquisitionsrpcfinalisese386mprom…
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