Wednesday, July 27, 2022

PTTGC Owns Vencorex After Perstorp Sells Shares

The Vencorex Group announced recently it is now owned by a single shareholder – PTTGC International (Netherlands) B.V., a wholly owned subsidiary of the Thai company PTT Global Chemical Public Company Limited (GC).

In June, Perstorp Holding AB exercised its option to sell its remaining shares (9.18%) to GC after nearly 14 years.

According to Vencorex, Perstorp and GC played active roles in supporting Vencorex’s growth. Now the sole shareholder, GC says it will continue to develop Vencorex.

The post PTTGC Owns Vencorex After Perstorp Sells Shares appeared first on American Coatings Association.



from American Coatings Association https://www.paint.org/vencorex-persorp/
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