Nuplex Shareholders Approve Combination with Allnex
SYDNEY/BRUSSELS – Shareholders of Nuplex voted to approve the company’s combination with Allnex during a special meeting of shareholders held in Auckland, New Zealand.
On February 15, Allnex, a global producer of coating resins and additives, backed by its shareholder Advent International, entered into exclusive talks with Nuplex, a global manufacturer of resins listed in New Zealand and Australia, to explore a business combination of the companies. Allnex and Nuplex signed a scheme of arrangement in April, through which ownership of Nuplex would be transferred to Allnex.