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The Warsaw Voice » Business » September 19, 2018
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Polish chemical giant takes over German firm
September 19, 2018   
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Pawel Lapinski
Chemical group Azoty expects to meet the conditions necessary to complete the ca. PLN 1 billion takeover of German fertilizer producer Compo Expert by end-Q1 2019, deputy CEO Pawel Lapinski said.
The company will continue its polypropylene project in Police and sees no need for major changes to its investment program due to the acquisition, but will give up on some R&D projects overlapping with Compo Expert's operations, he added.
Azoty is yet to decide whether the transaction will affect its dividend policy, the manager also remarked.
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