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Tessenderlo sells UK PVC profiles business

6:59 AM MDT | October 11, 2013

Tessenderlo Group says it has sold its polyvinyl chloride (PVC) profiles activities in the United Kingdom, which trade under the Eurocell name, to H2 Equity Partners (Amsterdam), a private equity firm. The sale comprises three production sites, a warehousing site, and 124 sales branches, employing 978 people in total. The sale is in line with Tessenderlo’s focus on specialty products and services for food, agriculture, water management, and adding value to bioresiduals, the company says. The sale, following previous divestments in the United States, Canada, and...

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