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Allnex and Nuplex to combine in new company

Allnex and Nuplex to combine in new company

Written By : aasaatnia
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Allnex and Nuplex to combine in new company

On 15 February 2016, Allnex – formerly Cytec Industries’ Coating Resins business and acquired by Advent International in 2013 – entered into exclusive talks with Nuplex to explore a business combination. In April 2016, Allnex and Nuplex signed a scheme of arrangement, through which the two businesses would be combined.

Allnex is a global producer of coating resins and additives for architectural, industrial, protective, automotive and special purpose coatings and…

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