Industry News, Mergers and Acquisitions

KCC Corporation Enters into Agreement to Fully Acquire Momentive

The anticipated purchase remains subject to customary closing conditions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Momentive Performance Materials Group, a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation, its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC. “We’re excited by the opportunities KCC’s 100% ownership position will bring to Momentive and the broader KCC Corporation,” said Momentive President and CEO Sam Conzone, Ph.D. “We look forward to continuing and expanding our partnership with the ...

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