Clariant to acquire remaining share of Ukrainian Catalyst Joint Venture

27-Jul-2012 - Ukraine

The Swiss specialty chemicals group Clariant has signed an agreement to acquire the remaining 40 percent share of a joint venture between the Holding company Alvigo AS, based in Tallin/Estonia and Süd-Chemie AG, in the meantime acquired by Clariant AG. The Süd-Chemie Alvigo catalysts GmbH (SCAC) is a leading 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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