Italian partner acquired by TFL

03/11/2020

Leather chemicals group TFL has formally acquired a company in Italy with which it has worked since 2018. It completed the purchase of Industria Chimica Fine (ICF) on November 1.

Two years ago, TFL began leasing, managing and operating the business and assets of ICF, including its manufacturing facility at Medicina, near Bologna. It said at the time that its aim was to use the ICF facilities to increase its output of fatliquors and intermediates.