Issue Date: January 21, 2008
Rohm And Haas To Buy Emulsions Firm
Rohm and Haas has signed an agreement to acquire Finndisp, the water-based paint emulsion operations of Forcit, for $85 million. Finndisp, based in Hanko, Finland, will expand the U.S. firm's sales in Eastern Europe and bring it a portfolio of high-performance dispersions that cure at low temperatures. With annual sales of about $50 million, Finndisp has a plant in Hanko and another set to open in Moscow in March.
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