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Recticel sells 50.6% stake in Corpura

Belgian foam maker Recticel announces that it has reached an agreement to sell its remaining 50.6% stake in Corpura for EUR 2.3 million to Advanced Medical Solutions Group (AMS) (United Kingdom).

As a result of this transaction AMS will fully own Corpura B.V. (the Netherlands). Corpura B.V., established in 2004, as part of Recticel's Flexible Foams business line, develops and produces hydrophilic polyurethane foams out of a state of the art, dedicated R&D and manufacturing facility in Etten-Leur (The Netherlands).



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