OM Group Bolsters Specialty Chemicals Segment with Acquisition of Rahu Catalytics
OM Group, Inc. (NYSE: OMG) today announced that it has purchased Rahu Catalytics Limited, the developer of a unique iron-ligand based chemistry for use in environmentally friendly coatings, composites and inks from Unilever Ventures and Management. The transaction includes all related intellectual property rights and master patents, as well as all manufacturing and supply agreements. Terms of the transaction were not disclosed.
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