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Regions :: Western Europe :: Switzerland
Cabot to divest security materials business to Sicpa
8:22 AM MDT | March 21, 2014 | Deepti Ramesh
Cabot says it has entered into an agreement to sell its security materials business to Sicpa (Lausanne, Switzerland) for about $20 million in cash. The security materials business utilizes patented spray pyrolysis technology for brand protection activities and advanced nanotechnology for covert taggant applications. Sicpa is the leading global provider of security inks, authentication, and traceability solutions and services for banknotes, security documents, and consumer products, Cabot says. Cabot’s security materials business generated $7...
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