Safic-Alcan takes full ownership of Swedish subsidiary

Paris – Speciality chemical distributor Safic-Alcan SAS has acquired the remaining 50 percent stake of its Swedish subsidiary, Safic-Alcan Nordic, the company announced on 12 July.

The Paris-based distributor said Safic-Alcan Nordic’s acting President Mangus Lindeberg will maintain his role and continue to manage the business.

“We are excited with the acquisition of Safic-Alcan Nordic and optimistic regarding the company’s future prospects,” Martial Lecat, CEO of Safinca, the holding company of Safic-Alcan Group said in a statement.

“With this acquisition, we made significant progress…

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