Kemira acquires the business of Germain IFAC GmbH

11-Apr-2006

Kemira Oyj and the German company IFAC GmbH & Co. KG have reached an agreement about the acquisition of IFAC by Kemira. IFAC GmbH & Co. KG is privately-owned R&D company especially focused on R&D projects for cosmetics industries. IFAC is a development company in nanotechnology applications within cosmetics industries and it owns a strong patent portfolio within this application area.

With this acquisition Kemira Pigments, a Strategic Business Unit of Kemira's Performance Chemicals business area, will accelerate its growth towards the leading specialty TiO2 supplier to the food, pharmaceutical and cosmetics industries. IFAC will strengthen Kemira's position especially in nanotechnology applications and services and improve Kemira's technical customer service with more knowledge of the customer industries.

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