Teraplast already owned 50% of Politub and has bought the remaining stake from France’s New Socotub.
Politub has a factory that makes over 10,000 tons of pipeline in the Teraplast Bistrita industrial park.
Companies
Teraplast Completes Acquisition of Politub
PVC processor Terapalast has completed its acquisition of water and gas pipeline manufacturer Politub, Teraplast said in a statement Friday.