Nabaltec acquires remaining interest in Nashtec
Published: Monday, 20 March 2017
The acquisition of the shares previously held by joint venture partner Allied Alumina is part of the company’s focus to find a new source of supply, with a view to restarting operations next year.
German speciality materials and flame retardants supplier
Nabaltec AG has acquired total ownership of its USA-based
subsidiary, Nashtec LLC, as the company looks for a way to
reopen the temporarily mothballed facility.
Nabaltec announced over the weekend it has reached an
agreement to buy the remaining 49%...