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Tyco Closes ChemGuard Acquisition

2:34 PM MDT | September 2, 2011 | Rebecca Coons

Tyco International (Schaffhausen, Switzerland) says it has completed its previously announced acquisition of Chemguard (Mansfield, TX), a privately-owned producer of fire suppressants and specialty chemicals. The $130 million deal  will enhance Tyco's firefighting foam portfolio and expands its presence in high-growth markets, including Mideast, Latin America and Asia Pacific, the company says. Chemguard’s specialty chemicals portfolio includes fluorosurfactants and hydrocarbon-based products for use in firefighting and other industrial...

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