Thailand-based Indorama Ventures Plc (IVL), a leading manufacturer of polyester and plastic packaging material, expects three acquisition deals to be completed this quarter with a combined value not exceeding USD 1 billion (32.5 billion baht).
The three deals in the pipeline are Medco Plast for Packing and Packaging Systems SAE in Egypt; Kordarna Plus in the Czech Republic, which is a major tyre manufacturer in Europe; and DuPont Teijin Films, the manufacturer of biaxially-oriented polyethylene terephthalate and polyethylene naphthalate films.