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Business has approximately 1,100 employees at 11 production and development locations.
January 3, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik Industries AG has completed the activities to acquire the specialty additives business (Performance Materials Division) of Air Products, Inc. for US$3.8 billion (approximately €3.5 billion) by the end of the year as planned. The closing is scheduled for Jan. 3, 2017. All relevant antitrust authorities have approved the transaction and the integration of the acquired business is underway. The transaction financing was completed successfully in September and will consist of the company’...
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