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July 12, 2016
By: KERRY PIANOFORTE
Shareholders of Nuplex voted to approve the company’s combination with Allnex during a special meeting of shareholders held in Auckland, New Zealand. Allnex, one of the global producers of coating resins and additives, backed by its shareholder Advent International, entered into exclusive talks with Nuplex, one of the global manufacturers 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.
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