Issue Date: January 19, 2009
Rhodia Will Acquire McIntyre Group
French specialty chemical company Rhodia will acquire McIntyre Group, a specialty surfactants maker based in University Park, Ill. With 2008 sales of about $146 million, McIntyre has been experiencing double-digit sales growth over the past three years, Rhodia says. The French firm is already a significant maker of specialty surfactants, thanks to its previous acquisition of Albright & Wilson and other firms. It anticipates "significant synergies" based on cross-selling and supply chain opportunities.
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