Industry News

Rockwood Agrees to Acquire Global Pigments Business of Elementis

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Rockwood Holdings, Inc. announced that Rockwood has signed a definitive agreement to acquire the global color pigments business of Elementis plc for approximately $140 million. The business had sales of approximately $172 million and EBITDA of $18 million in 2006.      The transaction includes Elementis production facilities in the U.S., the UK and China. The transaction is subject to approval by appropriate regulatory authorities.      “This acquisition is in keeping with our strategy to gr...

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