Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue Wipes 2014
 •  Household, Personal Products Drive Sales at Unilever  •  P&G North America President to Retire  •  Glade Teams with Cirque du Soleil  •  Jumei Picks Up Two Brands  •  Secret's Out To Battle Bullying
Print

Cognis Sells Pulcra Chemicals



Published August 6, 2008
Related Searches: men chemicals business sustainability
Post a comment
Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG for $42 million. According to the company, the sale is in line with Cognis’ strategy of focusing on its core businesses driven by wellness and sustainability trends.

Fashion Chemicals additionally took over $24 million of financial liabilities, including debts and pensions. The final transaction is expected to be complete by the end of October 2008.


blog comments powered by Disqus