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The newly acquired business will be integrated into the Resource Efficiency Segment, according to Evonik.
September 1, 2017
By: Anthony Locicero
Copy editor, New York Post
Evonik said Friday that it closed its $630 million acquistion of J.M. Huber Corporation’s silica business. “We are strengthening our ‘Smart Materials’ growth engine by continuing to expand our globally leading position in the silica business,” said Christian Kullmann, chairman of the Executive Board of Evonik. The newly acquired business will be integrated into the Resource Efficiency Segment, according to Evonik. According to Evonik, Huber Silica acheived close to $300 mill...
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