Recticel - After Bedding deal, 6 Dec EGM will determine future of the company
With the recent agreements to sell Bedding and Engineered Foams, Recticel is trying to become a pure Insulation play. The EGM of 6 Dec that will vote on the proposed Engineered Foams deal with Carpenter is now a crucial day that will determine Recticel’s future. The antitrust uncertainty that Greiner is facing seems to limit its options, although Greiner could still hold on to the Bois Sauvage deal and become an important shareholder of Recticel, having a final say in whether an Insulation focussed Recticel ultimately remains independent.Recticel is engaged in the production of a variety of polyurethane foams that are used in the furniture, technical, automotive, bedding and insulation industries. The Flexible Foam Business Line covers the manufacture, conversion and marketing of flexible polyurethane foam. The types of flexible foams are classified as Comfort, Technical Foams and Composite Foams. Co. is also engaged in the manufacture of foams used in mattresses and slat bases. In addition, Co. manufactures rigid polyurethane and phenolic foams for thermal insulation. Co.'s automotive activities include: manufacturing moulded seat cushions, window encapsulation and manufacturing interior trim components.
We are a financial services provider for several types of professional clients, each with distinct needs.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.