ΝΕΟΧΗΜΙΚΗ ΑΝΩΝΥΜΟΣ ΒΙΟΜΗΧΑΝΙΚΗ ΚΑΙ ΕΜΠΟΡΙΚΗ ΕΤΑΙΡΕΙΑ

Announcement

The company NEOCHIMIKI L.V. LAVRENTIADIS S.A. announces that it proceeded today to the acquisition of a 40% stake in ASTRON CHEMICALS SA, at a price of euro 3 mil.
ASTRON CHEMICALS SA was established in 1992 and its core business activity is the representation, import and trade of chemical raw materials and specialized chemical products for industrial use in the fields of food and beverage, pharmaceuticals, cosmetics, animal feed, paints/coatings/ adhesives and textiles.
ASTRON CHEMICALS SA marked in the fiscal year 2006 a turnover of euro 16,8 mil., while its EBITDA stood at euro 1,1 mil. and its profits before taxes stood at euro 436 thou.