Illinois Tool Works Inc. acquires AppliChem GmbH
“AppliChem is going to play key role in the development of value-added chemicals, reagents, and life science products. A process that began in 2010 with the acquisition of Panreac Quimica SLU and Nova Chimica Srl” said Joan Roget, Panreac´s General Manager.
AppliChem GmbH will become part of ITW Performance Polymers & Fluids and will be integrated strategically into the business platform led by Panreac Quimica SLU. The former owners and CEOs Dr. Frasch and Dr. Oeler are supposed to continue their management activities as the Company’s CEOs.
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.