Indorama Ventures acquires Tollegno 1900’s Wool assets in Italy and Poland
Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, completed the acquisition of the wool spinning businesses in Italy and Poland of Tollegno 1900 S.p.A. (Tollegno 1900), a leading Italian manufacturer of fabrics and yarns.
Tollegno 1900 Yarn Division acquired by Indorama Ventures
The transaction, which should be closed within the first half of 2022, will be a sign of continuity for both human resources and production spaces kept in the territory. New hires are also expected for the Tollegno site that will incorporate few activities of Thailand-based Indorama Ventures.
