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Layne Christensen
Company
LAYN ("Layne" or the "Company") today announced that on July
31, 2013 it sold all of the assets of its SolmeteX division to Gemini
Investors, Riveria Investment Group and the management team of the SolmeteX
division. Terms of the transaction were not disclosed. SolmeteX is a leading
provider of dental amalgam separator devices and amalgam recycling services to
the dental industry. Layne intends to use the proceeds from this sale to
reduce outstanding debt.
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Posted In: NewsAsset Sales
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