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Kemira to acquire coagulant manufacturer in Germany

This article was originally posted on Chemical Engineering Online.
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Summary
Kemira Oyj will acquire German coagulant manufacturer SIDRA Wasserchemie to strengthen its Water Solutions business in Europe. The deal, priced at approximately €75 million (subject to standard adjustments), is pending approval from Germany’s Federal Cartel Office and is expected to close in the first half of this year.

What impact could this acquisition have on competition and pricing in Europe’s water treatment chemicals market?

Kemira Oyj (Helsinki, Finland) is strengthening its Water Solutions business in Europe by acquiring SIDRA Wasserchemie. The acquisition is subject to merger clearance by the Federal Cartel Office in Germany and is expected to close during the first half of this year. The purchase price is approximately €75 million, subject to usual purchase price adjustments. […]

The post Kemira to acquire coagulant manufacturer in Germany appeared first on Chemical Engineering.

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