IHS Chemical Week

Grace Makes Waterproofing Acquisition

12:29 PM MDT | July 5, 2011

W.R. Grace has acquired the De Neef Conchem Group (Heist-Op-Den-Berg, Belgium), a privately held group of companies that develop waterproofing products for the construction industry. Financial terms of the transaction were not disclosed. De Neef produces preventative and remedial waterproofing products and concrete protection and repair products. The company has production in Belgium, Spain and the U.S. "De Neef Conchem's product lines complement Grace's structural waterproofing and building envelope portfolio by adding a variety of new technologies," says Andrew...

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