Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue Beauty I&O
 •  Prestige Beauty Sales Rise 5% in Q2  •  Right in The Kisser  •  Online Buying Intentions in Personal Care  •  Women’s Hair Removal Device Sales Skyrocket  •  Avon Patents Method To Lengthen Keratin Fibers
Print

Cognis Sells Pulcra Chemicals



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