06/28/2013

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Mitsubishi completes acquisition of compound activities from Tessenderlo

On 27 February 2013, MCC announced its intention to buy Tessenderlo's compounds business unit CTS - Compound Technology Service. Information and consultation procedures were subsequently successfully completed and merger control approval has been given. The compounds business unit has nearly 50 years experience in formulation and production of thermoplastic elastomers and PVCs for applications in the building, automotive, cabling, and footwear industries. Its revenue amounted to EUR 124 million in 2012.

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