ICIG completed the acquisition of Venator Germany in Duisburg from Venator Materials.

ICIG, A privately owned industrial group focusing on mid-sized chemical and pharmaceutical businesses, completed the acquisition of Venator Germany, the German operating entity of Venator Materials, a company that produces functional additives. Financial terms were not disclosed. "We firmly believe in the future viability of the Duisburg site. In recent weeks, we have met a very competent and highly motivated team – this is an excellent foundation for us. Our goal is to further expand production with our long-established brands, such as SACHTOLITH® and BLANC FIXE ™ , wherever possible," Christoph Sprenger, ICIG CEO.