Belgian Govi buys chemicals firm Emulco Malaysia

Emulco Malaysia, which will be rebranded to Govi, serves markets in South-East Asia with a product portfolio of emulsions and dispersions that is very similar to that of Govi.

In 2014, the company generated revenue of more than €25m.Emulco's management and staff will stay with the company.

The new owner has committed to support Emulco's growth plans, including the opening of a new production site of 20,000m2 in Port Klang, near Kuala Lumpur. Construction has already started and the facility is expected to commence operations by the end of the year.