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People & Business :: M&A

Haltermann deal closes

1:58 PM MDT | May 21, 2013

Specialty hydrocarbons producer Haltermann Holding (Hamburg) has completed the acquisition of Petrochem Carless (Leatherhead, UK), a refiner and producer of hydrocarbon chemicals. Haltermann is owned by private equity firm HIG Europe. It follows approval of the transaction by the European Commission. The expanded Haltermann will be renamed HCS Group. HCS had pro forma sales of about €650 million ($838 million) in...

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