W R Grace & Co (GRA) has entered into a definitive agreement to acquire certain assets from Evonik Industries AG on September 5, 2017, following the close of Evonik’s acquisition of J M Huber Corporation’s silicas business.
The assets to be acquired by Grace include trademarks and licenses to produce and sell Evonik’s SIDENT dental precipitated silica product range and J M Huber Corporation’s defoamer and anti-caking product ranges, branded in the European Economic Area as Zeofoam and Zeoflo, with worldwide product sales rights.
“The precipitated silica products and technologies will enable Grace to deliver more value to our leading global consumer products customers with some of the world’s most recognized toothpaste brands. The defoamer precursors and anti-caking agents are a great addition to our strong silica product portfolio,” said Sandra Wisniewski, president, Grace materials technologies.
W R Grace & Co (GRA) has entered into a definitive agreement to acquire certain assets from Evonik Industries AG on September 5, 2017, following the close of Evonik’s acquisition of J M Huber Corporation’s silicas business.
The assets to be acquired by Grace include trademarks and licenses to produce and sell Evonik’s SIDENT dental precipitated silica product range and J M Huber Corporation’s defoamer and anti-caking product ranges, branded in the European Economic Area as Zeofoam and Zeoflo, with worldwide product sales rights.
“The precipitated silica products and technologies will enable Grace to deliver more value to our leading global consumer products customers with some of the world’s most recognized toothpaste brands. The defoamer precursors and anti-caking agents are a great addition to our strong silica product portfolio,” said Sandra Wisniewski, president, Grace materials technologies.
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