MCH has acquired a majority stake in Madrid-based Molecor Tecnología

Imagen news
Calendario

Date: 09-Aug-2020

Fuente

Source: molecor.com

Symborg
  • MCH has acquired a majority stake in Madrid-based Molecor Tecnología
  • Molecor specialises in the manufacture of PVC-Oriented pipes and fittings and in the development of Molecular Orientation technology applied to pressurized water pipes

 MCH Private Equity fund has acquired a majority stake in Molecor Tecnología by purchasing existing shares that have been either fully or partially divested, and it has also carried out a capital increase mainly to support future growth. MCH is a fund with an excellent reputation of investing in companies with a marked industrial profile. This shareholder movement will provide Molecor with more strength to grow and to develop its full potential, given that in addition to the monetary contribution, MCH will also offer its industrial and financial experience in company’s organic and inorganic growth. Molecor and MCH have come together to collectively grow and develop a large industrial project with a distinct emphasis on technology, efficient water use, and internationalisation.

The founding partners, Ignacio Muñoz and Jose Manuel Romero (CEO and CFO, respectively), continue to be shareholders at Molecor in the same roles that have enjoyed until now, as is the case for the rest of the management team.

Subscribe

send