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Clariant confirms acquisition of part of Champion's assets in North America

7:22 AM MDT | April 15, 2013 | Natasha Alperowicz

Clariant has confirmed that it has signed an agreement with Ecolab to acquire certain assets among its deepwater Gulf of Mexico assets. The divestment of the assets by Ecolab was a prerequisite by the US Department of Justice for the approval of the acquisition of Champion Technologies. Financial details of the acquisition have not been disclosed. Clariant is entering into a series of agreements with Champion related to its deepwater Gulf of Mexico business. The acquired assets include Champion Technologies’ oil and gas production chemicals services in...

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