Industry News

Elementis to Acquire Deuchem Co., Ltd.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Elementis plc announced that it has agreed, through its wholly owned subsidiary Elementis Holdings Limited, to purchase Deuchem Co., Ltd., a Taiwan-based company, for a cash consideration of £40.4 million. Deuchem had £37.9 million in sales in 2007, with after-tax profits of £3.6 million.      Established in 1978, Deuchem is a leading supplier of additives and resins to the coating and related industries, with three sales offices in Taiwan and 11 sales offices in China, together with manufactu...

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