On September 27, ORGANIK KIMYA, a leading manufacturer and supplier of specialty chemicals headquartered in Istanbul, Turkey, announced that the company has acquired VILLA INDUSTRIE CHIMICHE, a supplier of textile specialty chemicals headquartered in Milan, Italy.
VILLA INDUSTRIE CHIMICHE started business activities in 1962, producing textile chemical additives in Milan, gradually gaining a leading position in the Italian market, and thus diversified its development in foreign markets.
ORGANIK KIMYA CEO Stefano Kaslowski said that this acquisition is consistent with ORGANIK KIMYA’s development strategy and can strengthen its business footprint and expand its presence in the textile specialty chemicals market. Regional coverage, and this market is also one of the earliest market segments developed by the company. ORGANIK KIMYA also has a great influence in this market with its acrylic polymers.
ORGANIK KIMYA will continue to use the proposed acquisition to create value and achieve synergy effects, thereby providing customers with creative products and services while expanding the liquid acrylic market. (Title: ORGANIK KIMYA acquires VILLA INDUSTRIE CHIMICHE, a supplier of textile specialty chemicals)
