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Solvay to acquire Erca Group’s specialty chemical assets

6:05 AM MST | December 6, 2013 | —Francinia Protti-Alvarez

Solvay has agreed to acquire the specialty chemical assets of Erca Química (Itatiba, Brazil), a subsidiary of Erca Group (Grassobbio, Italy). Solvay says the acquisition more than doubles its surfactants production capacity in Brazil. Financial details have not been disclosed. The completion of the transaction is subject to customary closing conditions, including Brazilian antitrust clearance. The transaction includes Erca’s specialty chemical assets and its portfolio of agrochemicals and home-care and personal-care products. “The acquisition...

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