Polymer company makes transatlantic acquisition

DEESIDE polymer company Revolymer has acquired US business Itaconic Corporation for £8.86m.

A share placing will raise about £4m to finance the deal.

Revolymer has also agreed a deal with a European nicotine gum focused marketer in relation to a potential transfer of its nicotine gum business in exchange for equity in the enlarged marketer company.

The European nicotine gum marketer has EU regulatory approval for its products and an established European customer base, which complements Revolymer's... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...