Issue Date: January 21, 2008
ICL Will Acquire Henkel Water Unit
Israel Chemicals Ltd. is acquiring Henkel's industrial water treatment business for roughly $90 million. The business had sales of about $77 million in 2006 and will bring annual sales for ICL's performance products division to about $1.1 billion. The sale includes Henkel's French subsidiary Henkel Concorde, which employs about 180 people in sales, service, R&D, and production.
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