Safic-Alcan gains full ownership of Interplast (Turkey)

Safic-Alcan, an international distributor of speciality chemicals, is pleased to announce that it has successfully gained full ownership of Interplast (Turkey), after becoming a majority shareholder in 2011. The acting General Manager, Mr Ayhan Güler, will remain in place and will continue to actively manage the business.

Founded in 2004, Interplast has developed an outstanding reputation in the distribution of technically superior quality thermoplastics, rubber, coatings, adhesives, cosmetics, personal care and pharmaceuticals and has a proven record of strong customer relationships through its highly professional and dedicated team. The Company employs 30 people and serves 50 different suppliers from 20 different countries. In 2015 Interplast registered €21M in revenue.

"Gaining full ownership of Interplast is part of our growth strategy. We are still exploring other acquisitions to strengthen our competitive advantage not only in Turkey but also in the neighbouring areas, such as the Balkans, the Middle East, the Caucasus, Central Asia and North Africa,” stated Martial Lecat, CEO of Safinca, the holding company of Safic-Alcan Group.