Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2014
 •  Herbalife Misses Mark in Q2  •  Ecolab's Q2 Sales Rise 7%  •  Mixed Quarter at Herbalife  •  Essie Fall Colors Are ‘Dressed to Kilt’  •  Sephora Picks Up Briogeo
Print

Cognis Sells Pulcra Chemicals



Published August 6, 2008
Related Searches: business chemicals sustainability men
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