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Arch to Acquire Rockwood’s Pool and Spa Chemicals Business
9:50 AM MDT | September 8, 2008 | Nancy Seewald
Arch Chemicals says it has agreed to acquire water treatment chemicals producer Advantis Technologies (Alpharetta, GA), a subsidiary of Rockwood Holdings, for $130 million in cash. The deal is expected to early in the fourth quarter. Advantis reported 2007 Ebitda of $12 million, on sales of $71 million. It has a manufacturing facility at Alpharetta, as well as warehouses and sales offices in California, Georgia, and Wisconsin. Advantis’ pool and spa division makes non-chlorine based algaecides, clarifiers, fragrances, and foam reducers, while its surface...
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