Acquisition by the Snetor Group of Gazechim Plastics

We are pleased to announce the acquisition by the Snetor Group of Gazechim Plastics.

This operation, signed on July 27th, 2020, comes just one week after the acquisition of 70% of Tecnopol Spa in Italy and Spain by the Snetor Group.

This acquisition gives birth to a group that will now represent a perimeter of companies employing nearly 300 employees for a consolidated turnover of 1.2 billion Euros, present in Europe, Africa, the United States and Latin America.

In order to accelerate our development on the European market started 4 years ago, we have chosen to join our forces with those of a major player in the distribution of plastics in Europe, with whom we share the same corporate culture and the same ambitions.

Snetor becomes a pan European player to offer a global solution to all its partners and to pursue its strategy of proximity and commitment to its customers and suppliers wherever they are located.

 

Emmanuel Aubourg,

CEO – Snetor Group

 

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