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Sunday, December 8, 2024

This is one of the most important transactions for Poles in the USA. We conquered the market

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What happened? Business Qemetica finalized the purchase of the precipitated silica business from PPG PLN 1.2 billion – thanks to him, it took over the factories in USA and the Netherlands. It was one of largest transactions carried out by a Polish company on the American market. The company thus became the largest supplier of silicates in Europe, increasing your revenues by another over one billion zlotys.

The acquisition is part of the strategy: Qemetica purchased production plants with a total production capacity of almost 200 thousand tone. This acquisition, which was part of the strategy for 2024-2029, resulted in… Poland the company has become the second the most important player in the North American silica business and third in Europe. The transaction is also expected to accelerate Qemetici's international expansion.

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Qemetica belongs to Kulczyk Investments: There is a Polish company second manufacturer soda ash and baking soda in the European Union, the biggest producer of evaporated salt in our country, the first supplier of sodium silicates in Europe and the largest Polish producer of plant protection products. So far, Qemetica had its factories in Poland, Germany and Romaniaand employs over 3,000 across the EU. people.

More on the topic activities Polish companies they wrotein the article: “Sebastian Kulczyk spent PLN 1.2 billion. 'One of the largest transactions of a Polish company in the USA'“.

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Source: Qemetica announcement



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