The UK-based Ineos Compounds and Doeflex Compounding have announced the plan to combine their S-PVC compounding businesses. The combined business would be run by an integrated management team from both entities.
The proposed combination presents a strategic opportunity for both parties and is highly complementary to Ineos Compounds’ growth strategy. It is subject to the applicable information/consultation procedures with employee representatives, after which the parties would enter into legally-binding agreements containing customary closing conditions including anti-trust approval from the European Commission.
Until completion of the proposed combination Ineos and Doeflex will continue to run their S-PVC compounding businesses separately.
The proposed combination presents a strategic opportunity for both parties and is highly complementary to Ineos Compounds’ growth strategy. It is subject to the applicable information/consultation procedures with employee representatives, after which the parties would enter into legally-binding agreements containing customary closing conditions including anti-trust approval from the European Commission.
Until completion of the proposed combination Ineos and Doeflex will continue to run their S-PVC compounding businesses separately.