RSS Chemicals News

Clariant AG gets rid of 3 units

Clariant gets rid of 3 businesses

Clariant AG, which is one of the world’s largest specialty chemicals companies, informed that it would sell textile chemicals, paper specialties and emulsions businesses to U.S. private equity firm SK Capital for as much as $550 million. The sale of its three businesses is aimed at improving Clariant AG’s profitability.

Rakesh Kapoor, CEO at Reckitt Benckiser Group PLC

Reckitt Benckiser to pay $1.4bn for Schiff Nutrition

Reckitt Benckiser Group PLC, the England-based company, informed on the 22nd of November that it had signed a deal to acquire Schiff Nutrition International Inc. for $1.4 billion. The takeover of Schiff Nutrition International Inc. means that Reckitt Benckiser Group is going to enter the profitable vitamins and nutrition supplements market.