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Strengthens Noveon Consumer Specialties product portfolio.
January 27, 2011
By: TOM BRANNA
Editor
The Lubrizol Corporation has acquired Nalco Performance Products Group, a supplier of value-added specialty polymers and formulation additives marketed to the global personal care and household care industries. This acquisition, structured as an asset sale, will expand the strategic portfolio of Lubrizol’s Noveon Consumer Specialties Home and Personal Care product line, according to the company. For the 12 months ended December 2010, estimated sales of the Nalco personal care business are $45 million. The deal closed on Jan. 21, 2011.
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