European NR, latex distributor buys Malaysian counterpart
ERJ staff report (LMH)
Vienna- Centrotrade Holding AG of Vienna has acquired Malaysian natural rubber and latex trade ED&F Man. Completion of the sale is expected to take place in Nov 2011, Centrotrade told ERJ in a 25 Oct email.
Centrotrade, which distributes natural and synthetic rubber, latex, minerals and metals, declined to specify the amount paid for the company.
A spokesman for the Centrotrade said both companies share similar business but in different territories. The acquisition will allow Centrotrade access to new markets.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Website of Centrotrade
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive