Romania's TeraPlast sells window profiles business to Dynami

Romania's TeraPlast sells window profiles business to Dynamic Selling Group


Romania's TeraPlast sells window profiles business to Dynamic Selling Group
Teraplast factory, Romania Author (Teraplast.ro) License: all rights reserved.
BUCHAREST (Romania) December 15 (SeeNews) - Romanian manufacturer of PVC pipes and fittings TeraPlast [BSE:TRP] said that it is selling its window profiles business to local peer Dynamic Selling Group for 4.5 million euro ($5.47 million).
The decision comes as a result of TeraPlast’s strategy to expand to new businesses and markets, TeraPlast said in a statement filled with the Bucharest Stock Exchangem BVB, on Friday evening.
The transfer will be made after obtaining the Competition Council’s approval.
TeraPlast has been in talks with two companies – the world leader in the field and the Romanian producer Dynamic Selling Group.

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