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With the acquisition of the Wolfgang Freiler Group, the Romanian TeraPlast now has two plants in the country producing materials in the plastics industry.
TeraPlast is announcing the Competition Council’s favorable notice as regards the selling of TeraPlast’s window profiles business line to Dynamic Selling Group – window profiles manufacturer and distributor. The actual transfer of ownership rights is to take place on March 15, 2021. On the same date, the estimated price of 4.5 million Euro shall be adjusted in accordance with the working capital. Within the transaction, the Romanian manufacturer Dynamic Selling Group will take over the Window Profiles business line of TeraPlast SA and TeraPlast Hungary company – window profiles dist...
Romania's TeraPlast gets nod to sell window profiles business to Dynamic Selling Group Teraplast factory, Romania Author (Teraplast.ro) License: all rights reserved. BUCHAREST (Romania) February 10 (SeeNews) - Romanian manufacturer of PVC pipes and fittings TeraPlast [BSE:TRP] said on Wednesday it has received the green light from the competition authority to sell its window profiles business to local sector player Dynamic Selling Group. The actual transfer of ownership rights will take place on March 15, TeraPlast said in a statement filed with the Bucharest Stock Ex...
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 e...
TeraPlast, the parent-company of TeraPlast Group, announces the sale of its window profiles business to Dynamic Selling Group, producer and distributor of window profiles for thermal insulating carpentry. The decision comes as a result of TeraPlast’s strategy to expand to new businesses and markets. 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. Following the negotiation, the transaction materialized with the Romanian Group at a v...