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Business

OM Buys Borchers

September 10, 2007 | A version of this story appeared in Volume 85, Issue 37
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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."

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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