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Swisher Buys Try-Chem and Masterchem

Adds Illinois-based I&I marketers to its growing lineup.

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By: TOM BRANNA

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Swisher Hygiene Inc. has acquired the assets and certain liabilities of Try-Chem Services, LLC and Masterchem Services Corp., both Illinois-based hygiene and chemicals companies. Under terms of the agreement, Swisher Hygiene paid i$385,000 in cash, the assumption of certain liabilities, and the issuance of a convertible promissory note which may be converted into a maximum of 75,000 shares of common stock subject to customary restrictions, including acceptance by the Toronto Stock Exchange. This...

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