Grace Acquires Akzo-PQ Precipitated Silicas Business
April 3, 2001
W. R. Grace & Co. recently announced that its German subsidiary, Grace Holding GmbH, has acquired the precipitated silicas business of Akzo-PQ Silica (APS), the silica and silicates joint venture of Akzo Nobel and PQ Corp. The precipitated silicas business of APS, which had 2000 revenues of $25 million (28 million Euro), is headquartered in Dueren, Germany, and will be integrated into the company's Davison Silica Products business. Terms were not disclosed.