Urethane Blog
Recticel Divests 75% of ProSeat
February 19, 2019
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| Press Release of Recticel – 19 February 2019 |
| Recticel confirms the closing of its divestment of the Proseat joint venture Recticel is pleased to announce the closing of the transactions whereby Sekisui Plastics Co., Ltd. ( “Sekisui”) acquires 75% in the European moulded seat cushion specialist Proseat. Recticel maintains 25% in Proseat with the option to sell this remaining participation no later than January 1st, 2022. |
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