Comex will expand its business in China
Comex podría expandir su negocio a China
Intel ID : 222484
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Consorcio Comex, a Mexico-based manufacturer of paints, announced their intention of expanding the business in China, aiming to increase their presence in Asia, according to Michael McGarry, PPG's operations director. Comex was acquired by US-based PPG, four months ago for USD 2.30bn, after a failed attempt to sell to Sherwin Williams. (see related transactions)
(content in spanish)
Consorcio Comex, empresa dedicada a la fabricación de pinturas, ha comunicado que pretende expandir su negocio a China, con el objetivo de aumentar la presencia de la empresa mexicana en el país asiático, según ha comunicado Michael McGarry, director de Operaciones de PPG. La compañía mexicana fue adquirida por la estadounidense PPG hace cuatro meses por un valor de USD 2.300m, después de un intento de venta fallida a la empresa Sherwin Williams. (Ver transacciones relacionadas). |
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| Intel ID | 222484 | |
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Financial Data - Comex
(31 Dec 2011) |
Revenue: EUR 1.082,00m Exchange Rate:
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55.02.02 Industrial Chemicals & Gases 55 Raw Materials & Natural Resources / 55.02 Chemicals |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.