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Vita Group: MOB for compounder Franceschetti Elastomeri

Foam, sheet and compounds manufacturer Vita Group (Luxembourg; www.thevitagroup.com) has sold the compounding business of VTC Franceschetti Elastomeri (Corte France, Brescia / Italy) in a management buyout led by Francesco Franceschetti. The purchase price was not disclosed.

The Italian company, which has been a member of Vita's Thermoplastic Elastomers (TPE) Group since 2005 has been renamed Francesco Franceschetti Elastomeri. It is a key supplier of rigid thermoplastic elastomer (TPE) compounds to the local ski boot and footwear markets.

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