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Ercros SA sells Fosfatos de Cartagena SLU to Timab Iberica

Monday, 13 Jan 2014 02:21am EST 

Ercros SA:Says on Jan. 10 it signed agreements with Timab Iberica, a subsidiary of Roullier group, under which Timab Iberica will acquire 100 percent stake in Fosfatos de Cartagena SLU.Says the total amount of the transaction ascends to 1.6 million euros.Says the estimated gain of the transaction for the company amounts to 1.2 million euros.Says under the terms of the agreements the company will continue producing dicalcium phosphate in the Flix factory for Timab Iberica. 

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27 Nov 2015