Announced
Completed
Synopsis
Venator, a manufacturer and marketer of chemical products, completed the acquisition of materials' driers product portfolio of Ege Kimya, a producer of specialty chemicals with a strong presence in metal-based chemicals, silicates, and other industrial chemicals. Financial terms were not disclosed. “This transaction ensures that our valued driers customers will continue to be served by a specialist business with deep expertise in this space. We recognise this news brings uncertainty for our team at Birtley and I want to thank each of our colleagues for their professionalism, commitment, and contribution over many years. Consultation with Birtley employees has already begun, and we remain focused on managing this transition responsibly, and securing a stable future for our remaining UK businesses," Karen Askwith, Venator Managing Director.
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