Composites DSM Finalizes Sale of Euroresins to Cathay Investments
Royal DSM, the global Life Sciences and Materials Sciences company, announced it has finalized the sale of Euroresins to Cathay Investments. The divestment was announced in December 2014.
Heerlen/Netherlands – Euroresins is a distributor of products to the composite resins industry with activities in nine countries in Europe. Euroresins realizes sales of approximately €90 million with around 70 employees.
Cathay Investments is the UK holding company for a group of companies engaged in chemical distribution and trading throughout the UK and Scandinavia. Since its establishment Cathay has grown its portfolio to six companies.