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Tessenderlo Group sells pharma ingredients business to International Chemical Investors

1:38 AM MDT | October 9, 2012 | Natasha Alperowicz

Tessenderlo Group said today that it intends to sell its pharmaceutical ingredients activities Farchemia and Calaire Chimie to International Chemical Investors Group (ICIG; Frankfurt), a private industrial holding company. The sale involves two production sites based in Italy and France. Employee representatives of Farchemia in Italy and Calaire Chimie in France have been told that a consultation process will be launched.   The divestment is in line with the group’s strengthened focus on specialty products and services in the areas of food...

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