Specialty Chemicals M&A » By The Online Investor Staff, updated Fri., Apr. 26, 5:35 PM
Recent mergers and acquisitions in the Specialty Chemicals M&A category.
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Slide #47. ALTANA — Global rheology business of Rockwood Holdings Inc.
Acquirer:
ALTANA
Acquiree:
Global rheology business of Rockwood Holdings Inc. (ROC)
Details:
The specialty chemicals group ALTANA has signed a definite agreement to acquire the global rheology business of Rockwood Holdings Inc. (NYSE: ROC). The unit, currently part of Rockwood's "Performance Additives" segment, is one of the world's leading manufacturers of rheology additives that optimize the flow characteristics of various materials. With about 340 employees at four production sites in the U.S., the UK and Germany the rheology business generated sales of USD 191 million in 2012. After approval by the relevant antitrust authorities, ALTANA will integrate the business into its BYK Additives & Instruments division.
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Avg. Broker Rec.
 
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Hold (2.40 out of 4) 81st percentile
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