Safic-Alcan Acquires Plastics Distributor 4PLAS
Independent French specialty chemicals distributor Safic-Alcan has acquired UK engineering plastics distributor 4PLAS for an undisclosed sum.
The British company with 11 employees and sales of £ 13.5 million supplies polymer solutions to the injection moulding industry in the UK and Ireland. Its portfolio extends to masterbatches and color & custom compounds, as well as its high performance materials and additives & fillers.
With this acquisition, its fifth in the UK over the past 15 years, Safic-Alcan said the UK country will become one of its main regions for plastics distribution, which currently account for 5% of its sales.
The French distributor’s portfolio also encompasses a wide ranges of polymers, materials and additives for the rubber, coatings, adhesives, thermoplastics, polyurethane, lubricants, detergency, cosmetics, pharmaceuticals and nutraceuticals industries.
In another acquisition, Safic-Alcan has taken 100% control of PNP, an Italian distributor with a strong presence in dairy and food ingredients. The latest deal in this sector will complement the business of Castelli Food, which Safic-Alcan acquired in 2019.
Author: Dede Williams, Freelance Journalist
