IPCO acquires Ingeniera de Procesos S.A.
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
IPCO has acquired the Spanish company Ingeniera de Procesos S.A. (IdP), a supplier of processing equipment and spare parts, primarily to the chemical and sulfur segments, in Spain.
For over 30 years, IdP has had an agreement with IPCO giving them an exclusive right to sell chemical and sulfur equipment in Spain based on IPCO’s steel belts and Rotoforms.
The acquisition further strengthens IPCO’s position in Spain and accelerates the expansion for Division Equipment.
“The acquisition is well in line with IPCO’s long-term strategy for profitable growth. With this, we strengthen our presence in the Spanish market and get access to a large installed base and direct contact with the customers”, says Johan Sjögren, Managing Director IPCO Equipment Division.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/20022020/ipco-acquires-ingeniera-de-procesos-sa/
You might also like
Hydrocarbon Engineering Podcast
Leakhena Swett, President of the International Liquid Terminals Association (ILTA), and Jay Cruz, Senior Director of Government Affairs and Communications, join us to consider the key role that industry associations have to play in the sectors that they serve.
Catalyst Technologies to be sold to Honeywell for £1.8 billion
An agreement to sell Catalyst Technologies for £1.8 billion with cash return of £1.4 billion has been reached between Johnson Matthey and Honeywell.
