OM Buys Borchers | Chemical & Engineering News
Volume 85 Issue 37 | p. 20 | Concentrates
Issue Date: September 10, 2007

OM Buys Borchers

Department: Business | Collection: Economy
News Channels: Nano SCENE

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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