Another European based company offering its eco FR products worldwide is www.ecochem.be
Founded in 2000 by Herman Meynaerts and Pieter Daeseleire, the company has a track record of steady growth with a turnover of about EUR 25 million serving clients in 25 countries. Headquartered in Olen (Belgium), EcoChem operates 2 production facilities located in Willlebroek (Belgium) and in Offenbach (Germany).
Gimv a European investment company with over three decades experience in private equity and venture capital takes a majority stake, alongside the founders of EcoChem . This financing will be used to support EcoChem’s ambitious growth strategy through both international expansion and entrance into new product segments.
What did Gimv pay and what is EcoChem worth it doesn't mention , considering Gimv is a private equity fund I'd say they didn't pay much.
AJX Price at posting:
90.5¢ Sentiment: None Disclosure: Not Held
