Pirelli fully acquires natural rubber producer Hevea-Tec, Brazil for EUR 21 million

Pirelli Tyre S.p.A. (Pirelli) announced that it has inked an agreement to acquire 100% of Hevea-Tec, the biggest independent processor of natural rubber in Brazil, with an enterprise value of around EUR 21 million. The transaction is expected to be completed by 2023, pending approval by antitrust authorities. This ac....

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