Elemental Holding buys 32% in Evciler Kimya
20:33
Elemental Holding signed an agreement to acquire 320 shares in its unit Evciler Kimya Madencilik ve Degerli Metaller Sanayi Ticaret Anonim Şirketi (Evciler Kimya). This equals to 32 percent of share capital. The unit is based in Ankara, Turkey.
In 2014 Elemental Holding announced that two conditions for the acquisition of a 51 percent stake in Evciler Kimya for $11 million were met.
Elemental Holding is a Poland-based capital group operating in recycling and trading of recyclable materials.