Solutia Acquires Window Films Company | May 10, 2010 Issue - Vol. 88 Issue 19 | Chemical & Engineering News
Volume 88 Issue 19 | p. 20 | Concentrates
Issue Date: May 10, 2010

Solutia Acquires Window Films Company

Department: Business
Keywords: window films, auto, architecture

Beefing up its line of specialty films, Solutia has acquired Singapore-based Novomatrix for $73 million from Globamatrix Holdings and private equity firm MAFLP Investments. With annual sales of about $34 million, Novomatrix makes window films for automotive and architectural applications. Solutia says the acquisition expands its window films presence in the emerging regions of Southeast Asia and the Middle East.R

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