Thrace Plastics agrees to buy Italy’s Plydex for €2.35 million

Bitget2026/10/30 15:30

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Thrace Plastics' wholly owned subsidiary Thrace Nonwovens and Geosynthetics agreed on October 27, 2026, to acquire 100% of Italy's Plydex.
The €2.35 million transaction was funded through external financing.
Plydex distributes geosynthetic products for infrastructure, civil engineering and environmental applications in Italy.
The acquisition expands the group's Italian presence, targeting sales growth through commercial and operational synergies.
Plydex reported 2025 revenue of €5.9 million, EBITDA of €500,000 and net profit of €300,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thrace Plastics Holding and Commercial SA published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Thrace Plastics agrees to buy Italy’s Plydex for €2.35 million

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