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Belgium-based business deal expected to close in fourth quarter.
August 3, 2016
By: Melissa Meisel
Innospec Inc. will buy the European Personal Care and Home Care business of Huntsman Corp. Based in Belgium with manufacturing sites in France, Italy and Spain, the business employs approximately 430 people and has sales revenue of around $230 million. The acquisition process is subject to a period of consultation with the employee representative bodies and clearance from the regulatory authorities. The transaction is expected to close early in the fourth quarter and would significantly expan...
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