McCoy Silicones and Soudal Sign Joint Venture Agreement
“By leveraging McCoy’s leadership status, established network and marketing expertise in the Indian marketplace, we believe the joint venture will enable both parties to expand their respective positions in the vibrant and growing Indian marketplace, and to participate in India’s continued emphasis on construction and infrastructure development,” said Vic Swerts, Soudal chairman.
“By leveraging Soudal’s 44 years of experience in sealants, adhesives and foams, worldwide presence, R&D developments, and global manufacturing base, we believe the joint venture will be able to offer the largest globally available range of sealants, adhesives, and foams in the Indian subcontinent,” said Amit Malhotra, managing director of McCoy. “This project being the first and largest of its kind in India will make a new milestone in the Indian industry.”
For more information, visit www.soudal.com or www.mccoygroup.in.