On the 10th of January 2022, the Cordex Group finalized a restructuring to divest of some business operations.
This restructuring involved the sale of Flex and Flexpur’s company shares, which constituted the Group’s chemical activities. The sale will enable the Cordex Group to focus on its core areas of Agricultural and Industrial Cordage & Netting, as well as Real Estate Development.
The Board of the Cordex Group recognizes and appreciates the effort and dedication of all those who contributed to the growth and success of the Group, and who will now pursue new directions. We wish them continued success.
To our customers and suppliers, we are dedicated to innovative and sustainable growth, with the full commitment of the entire Cordex family in this new stage of our already long journey.
We are ready for another 50 years of success!
Cordex Group’s Board