IHS Chemical Week

People & Business :: Companies

W.R. Grace Sells Line of Fire Repellents

3:37 PM MDT | September 29, 2009 | Vincent Valk

FlameSafe, a line of fire repellents owned by W.R. Grace, has been sold to fire repellent and mechanical device maker RectorSeal (Houston), the companies announced today. Once the deal is finalized, FlameSafe products, which include sealants, mortar, putties, and firestop bags, will be manufactured and sold by RectorSeal. RectorSeal is owned by Capital Southwest Corporation (Dallas), a publicly-traded venture capital firm. The deal's value was not...

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