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Halcyon Agri in €28m deal to acquire RCMA’s polymer business

Singapore –Halcyon Agri Corp Ltd, the natural rubber processing and merchandising company, has entered into a €33.8 million (€27.8 million) agreement with commodity trader RCMA Group Pte Ltd to acquire its Polymer Division.

The Singapore-based RCMA Group offers commodities and supply chain management solutions and its Polymer Division offers end-to-end services for the polymer industry, covering natural rubber, latex and synthetic rubber among others.

Halcyon Agri said on 21 Nov that the acquisition would improve its market position, providing it with well-known trading names in the industry…

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