Industry News

Safic-Alcan Finalizes Acquisition of Interplast, a Distributor of Adhesives and more

Published on 2016-03-23. Author : SpecialChem

Paris-La Défense -- Safic-Alcan, an international distributor of specialty chemicals, announces that it has successfully gained full ownership of Interplast (Turkey).

Fig. 1: Safic-Alcan
Safic-Alcan announces that it has completed the acquisition of 100% of Interplast (Turkey) after acquiring majority shareholder in 2011. The acting General Manager, Mr Ayhan Güler, will remain in place and will continue to actively manage the business.

Founded in 2004, Interplast has developed an outstanding reputation in the distribution of technically superior quality of thermoplastics, rubber, coatings, adhesives, cosmetics, personal care and pharmaceuticals. Interplast has a proven record of strong customer relationship through its highly professional and dedicated team. The Company employs 30 people and serves 50 different suppliers from 20 different countries. In 2015 Interplast registered 21 M€ in revenue.

“Gaining full ownership of Interplast is part of our growth strategy. We are still exploring other acquisitions to strengthen our competitive advantage not only in Turkey but also in the neighboring areas such as the Balkans, the Middle East, the Caucasus, Central Asia and North Africa,” stated Martial Lecat, CEO of Safinca, the holding company of Safic-Alcan Group.

About Interplast

Interplast, the Safic-Alcan company in Turkey, was established in 2004. Originally specialized on technical sales and distribution of engineering thermoplastic, EPDM and PU products, Interplast is in an ongoing process to operate its product portfolio on a broader scale. Currently Interplast employees around 30 people and is planning to add more human resources to ensure a continuously effective sales and service network. Interplast has more than 50 different suppliers from 20 different countries.

About Safic-Alcan

Safic-Alcan, one of the French multinational distributors of specialty chemicals headquartered in Paris-La Défense (France), develops and provides a large range of polymers, materials and additives for the rubber, coatings, pharmaceuticals and cosmetics industries. The Group is present in all major countries of the European Union, as well as in Turkey, and China with on-going strategic development in Eastern European countries and the USA. In 2015, Safic-Alcan posted nearly 465 M€ pro forma.

Source: Safic-Alcan

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