Solvay makes expansion attempt in South America through acquisition

Brazilian economic-financial portal Valor Economico has reported today that Belgium-based multinational Solvay is looking for acquisition targets in South America. Solvay is targeting not only the group’s core segments, but also agrochemicals, petrochemicals and cosmetics. Solvay is currently generating approximately $1.2bn in sales in South America and is seeking a 10% rate growth.

(Source: Valor Economico)