The Finnish adhesives and impregnating resin manufacturer Dynea Chemicals has sold its shares in its two Russian joint ventures – MetaDynea and Karbodin - to the Latin American investment firm Kirsis. The transaction closed on 12 April 2012. At the same time, Dynea and MetaDynea entered into a partnership under the terms of which Dynea will continue to provide services for MetaDynea. These services include technical services, technology consulting and product development. MetaDynea can also use the Prefere brand name. The company will also continue to focus on markets in Russia, Belarus and Kazakhstan; It will also supply neighbouring export markets. Source: euwid-wood-products
Source:
http://www.euwid-wood-products.com/news/surfaces/single/Artikel/dynea-selling-shares-in-russian-joint-ventures.html
