Solvay Signs Agreement To Acquire Majority In Berezniki Soda Ash Plant In Russia

Date: 10 September 2009
Source: Solvay
Solvay pursues geographical expansion strategy in markets with growth potential Solvay announces on September 8, 2009 that it has signed an agreement with Sodium Group Investments Limited to acquire its majority stake in OAO Bereznikovsky Sodovy Zavod and ZAO Berkhimprom.

The agreed enterprise value for the stake amounts to about 160 million EUR and the price will be subject to usual adjustments at closing. Solay expects to finalize this acquisition early 2010 after completion of the customary steps and the relevant notifications, in particular merger control in Russia(FAS).
 
Read full story here.

600450 Solvay Signs Agreement To Acquire Majority In Berezniki Soda Ash Plant In Russia glassonweb.com

See more news about:

Others also read

The main industry event is approaching - the International Forum "Glass and Modern Technologies - XXI."
The partnership between Tecglass, HFD House and Mosavtosteklo led to an extraordinary new achievement in the area of cutting-edge architectural projects.
The International Forum “Glass and Modern Technologies - XXI” will be held on December 11, 2018 in Moscow, in the building of the International Industrial Academy, 20 Shchipkovsky Pereulok. industry.
The Caspian float glass plant signed an agreement with the Azerbaijani company QLASS HAUS on the supply of colorless glass for $ 5 million.
From April 2 through 5 the Russian Construction Week will feature the International Exhibition for Building and Finishing Materials and Technologies RosBuild 2019 co-located with Mir Stekla 2019.
BATIMAT RUSSIA, the largest international construction and interior exhibition in Russia, will traditionally take place in Moscow, the Crocus Expo IEC, from 12 to 15 March 2019.

Add new comment