22 November 2004 00:01 [Source: ICB]
Degussa has bought the concrete admixture operations of Sweden’s Modern Betongteknologi Scandinavia.
Degussa did not disclose financial details of the acquisition however, it said the acquired business had sales in the ‘single-digit million euro range’.
Stockholm-based Modern’s concrete admixtures activities will be integrated into the Swedish subsidiary of Zurich, Switzerland-based Degussa Construction Chemicals (Europe).
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