“The acquisition of PromaPlast is an exciting step into a major new market for IMCD México and further expands our capabilities in the U.S.,” said Olivier Champault,
In 2021, PromaPlast celebrated 25 years as a market leader since it was established in 1996. It is a privately owned company and boasts a highly diversified portfolio of resins and compounds to serve the packaging, footwear, consumer goods, home appliances, automotive and other industrial markets, plus additive masterbatches.
“This acquisition is a natural progression into the next phase of PromaPlast’s 25-year history,” said Ricardo Méndez, General Manager, PromaPlast. “Our market reputation and steady growth throughout the years have led to this moment to join a global market leader. PromaPlast’s shareholders are pleased to find in IMCD a company with integrity that will value our talent and further develop the business and partnerships we built throughout the years. With IMCD’s range of resources, capabilities and global network, our team’s horizon has expanded to reach greater heights—we are looking forward to work towards an exciting future together.”
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“Welcoming PromaPlast to IMCD aligns with our global strategy to be the local leader in all of our core markets,” said Miguel Ruiseñor, Managing Director, IMCD México. “This latest acquisition maintains the steady growth momentum we have in our region.”
Attached, is a pdf version of the full press release, the primary visual, and the photo caption.
Attachments
- IMCD Mexico acquires PromaPlast
- Press release_IMCD Mexico acquires PromaPlast
- photo caption_IMCD Mexico acquires PromaPlast
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