Clariant Acquires Remaining Share of Ukrainian Catalyst Joint Venture

Avatar for Posted by |30 July 2012

The Swiss specialty chemicals group Clariant AG has signed an agreement to acquire the remaining 40% share of a joint venture between the holding company Alvigo AS, based in Tallinn, Estonia and Süd-Chemie AG, which Clariant  acquired last year.

The Süd-Chemie Alvigo Catalysts GmbH is a producer of syngas catalyst, based in the Ukraine. The signing of the transaction took place at the end of June. Closing is subject to merger control approval. The purchase price has not been disclosed.

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Source: Clariant, Edited by FCI Staff

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