03 November 2008 09:45 [Source: ICIS news]
Cognis said the divestment of Pulcra Chemicals, which supplies process chemicals to the textile and leather industries, was in line with its strategy of focusing on its core businesses.
Fashion Chemicals took more than €15m in financial liabilities from the acquisition, including debts and pensions, according to a statement from Cognis.
Based in Monheim, Germany, Cognis is a global supplier of speciality chemicals and nutritional ingredients.
($1 = €0.78)
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