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Business
OM Buys Borchers
September 10, 2007
| A version of this story appeared in
Volume 85, Issue 37
OM Group will acquire Lanxess' Borchers unit, a coatings additive supplier based in Langenfeld, Germany. Borchers' sales in 2006 were approximately $49 million. "Borchers will be an excellent fit with our advanced organics business," says OM CEO Joseph M. Scaminace. "It extends our current product portfolio into water-based coatings, an important end market providing outstanding growth opportunities."
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