Rockwood Specialties Acquires Four Dynamit Nobel Businesses
August 10, 2004
Rockwood Specialties Group, Inc. has completed its acquisition of four businesses of Dynamit Nobel to form a new specialty chemicals and advanced materials group with pro forma combined revenue of approximately $2.5 billion in 2003. To create this worldwide group, affiliates of Rockwood acquired the Sachtleben, Chemetall, CeramTec and DNES Custom Synthesis divisions of Dynamit Nobel, the chemical unit of mg technologies AG. "We are all excited about the future of these businesses," said Seifi Ghasemi, Rockwood's chairman and chief executive officer. "Rockwood is now a leading global specialty chemicals and advanced materials technology company with first-class technologies across all businesses."
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