Industry News

Dubai's Tagleef Industries Acquires AET Films

WILMINGTON, DE:Taghleef Industries and Applied Extrusion Technologies, Inc. (AET Films) announced that they have reached agreement for Taghleef to acquire AET Films. The transaction, which was approved by the boards of directors of both companies, is subject to regulatory approval and is expected to close by the end of the second quarter, 2012.