Issue Date: September 10, 2007
OM Buys Borchers
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 © American Chemical Society