FMC closes deal for European persulfates business
10/6/2011 12:00:00 AM
US-based chemical company FMC Corp. has completed its previously-announced acquisition of the European persulfates business of RheinPerChemie GmbH from Unionchimica SpA.
The acquisition strengthens FMC Peroxygens' global reach and immediately broadens the company's product portfolio for Europe, the Middle East and Africa, it said.
"This is an excellent business that allows us to globalize our specialty peroxygens franchises in environmental, electronics, food safety and other applications," said Mark Douglas, president of FMC Industrial Chemicals.
Through the acquisition, FMC gains a persulfates manufacturing facility in Rheinfelden, Germany, and a sales office in Hamburg, Germany.
Terms of the sale were not disclosed.
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