Halcyon Agri completes €26m acquisition of RCMA’s polymer business

Singapore – Halcyon Agri Corp Ltd, has completed its €31.8 million (€26.6 million) acquisition of the polymer division of commodity trader RCMA Group Pte Ltd.

The acquisition has led to the establishment of the Halcyon Rubber and Plantations (HRP) business unit, the natural rubber processor and trader said 9 Jan.

The new unit is to be headed by Robert Meyer, executive director and chief executive officer of Halcyon Agri.

HRP, which includes the group’s existing industrial distribution and latex division, will supply industrial grade natural rubber, latex, and…

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