DAK Acquires Controlling Interest In Selenis Canada

Charlotte-based DAK Americas reports it has completed the acquisition of a controlling interest in Selenis Canada Inc. The transaction was recently completed with Portugal-based IMG Group, and was approved by the Canadian Competition Bureau. Selenis Canada operates a 144-kiloton-capacity polyethylene terephthalate resin plant in Montreal. Terms of the transaction were not disclosed.

September/October 2016