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People & Business :: M&A
Lubrizol Acquires Nalco’s Personal Care Business
10:20 AM MST | January 27, 2011 | Nancy Seewald
Lubrizol says it has acquired Nalco’s performance products business, a supplier of specialty polymer and additives for the household and personal care markets, for $166 million. The acquired business reported sales of about $45 million last year. Lubrizol will integrate the Nalco product line into its approximately $418-million/year Noveon consumer specialties unit. “The joining of our two personal care product lines creates a portfolio of industry-leading technologies that will help make our combined customers more successful through expanded access...
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