Halcyon Agri Corporation Limited (“Halcyon Agri” and collectively with its subsidiaries, the “Group”), one of the world’s largest natural rubber supply chain managers, has completed its acquisition of the assets and entities under the Polymer Division of RCMA Group Pte Ltd for US$31.8m.
The acquisition has led to the establishment of the Halcyon Rubber and Plantations (“HRP”) business unit, headed by Robert Meyer, Executive Director and Chief Executive Officer of Halcyon Agri. HRP, which includes the Group’s existing industrial distribution and latex division, will supply industrial grade natural rubber, latex, and synthetic rubber to consumer product manufacturers. The latex will be processed in Halcyon Agri’s factories in West Africa, namely Sud Cameroun Hevea S.A. and Hevea Cameroun S.A., leveraging its global distribution network for seamless delivery to serve the non-tyre and specialty tyre business globally.
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