Home > News > Company News > Ferro Corporation buys Turkish coatings distributor

Ferro Corporation buys Turkish coatings distributor

Post Time:Jan 13,2016Classify:Company NewsView:216

Ferro Corporation has bought Turkish company Ferer for $9 million in cash.

 

Ferer is a distributor in Turkey of Ferro colour and glass coating products and also provides customised, blended products and technical support for the glass industry.

 

Ferer’s primary focus is on servicing manufacturers of automotive, flat and container glasses.

 

The acquisition of Ferer is the third step Ferro has taken in the past 18 months to strengthen its position in the Turkey market, after buying a reseller of Ferro porcelain enamel products in Turkey and an Egypt-based tile coatings manufacturer, adding production capacity to meet current and future demand in Turkey.

Source: http://www.glass-international.com/news/view/ferroAuthor: shangyi

Related News

Hot News

返回顶部