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Provider: Reuters Investment Profile
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Compagnie Plastic Omnium SA Acquires Remaining Stake in Joint Venture with Xieno and Plans to Open New Production Unit in China-Les Echos

Thursday, 4 Apr 2013 08:00pm EDT 

Les Echos reported that Compagnie Plastic Omnium SA has acquired the 40% stake that it did not already own in its joint venture with Chinese company Xenio engaged in the composites sector. The transaction was valued at under EUR 10 million. Compagnie Plastic Omnium SA also intends to launch seven new production units in China by the end of 2014. 

Company Quote

-0.01 -0.05%
24 Dec 2014