in this issue
People & Business :: M&A
Elementis to Buy Brazilian Coating Additives Firm
12:09 PM MDT | July 5, 2012 | Natasha Alperowicz
Elementis (London) today announced that it has agreed, through its wholly owned subsidiary Elementis Holdings Ltd., to purchase Watercryl Quimica (Watercryl), a Brazilian coatings additives company, for a cash consideration of $24 million. The transaction is expected to close during the second half of 2012. Watercryl, established in 1993, is a leading supplier of additives to the Brazilian coatings industry, with manufacturing and technical facilities based at Palmital, São Paulo. The acquisition will significantly increase Elementis’s...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee