Press release
Aspo’s subsidiary Telko acquires Eltrex, a Polish chemicals distribution company
Aspo’s subsidiary Telko has acquired a Polish distribution company Eltrex. Eltrex is a distributor of specialty chemicals and industrial packaging materials. The company’s wide offering includes raw materials for coatings, flooring and household chemicals industries. The company is located in Goleszów, in southern
According to its strategy, Telko will seek not only organic growth, but also accelerated growth through acquisitions. This transaction is another important milestone in Telko’s compounder strategy. Telko already has plastics distribution in
The acquisition does not require an approval from competition authorities.
“Entry to Polish chemicals market is a significant step on our strategic growth path in
Telko is a leading distributor and solution provider for converters and brand owners looking to safeguard their business with future-proof plastics, chemicals or lubricant solutions. This is done by using industry-leading expertise, strong partnerships and renowned service capabilities to improve Telko’s customers' production lead times, material efficiency, and financial and environmental performance.
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Aspo creates value by owning and developing business operations sustainably and in the long term. Our companies aim to be market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these aiming to be forerunners in sustainability. Aspo supports its businesses profitability and growth with the right capabilities.
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