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Grace Acquires Midland Dexter Venezuela S.A.
March 7, 2005
W.R. Grace & Co. has announced the acquisition of certain assets of Midland Dexter Venezuela, S.A. (Midevensa). Terms of the acquisition were not disclosed. Midevensa is a supplier of coatings and sealant for rigid packaging in the local and export markets of Latin America. "This acquisition underscores our commitment to grow the Darex coatings and sealants business," said Fred Festa, Grace's president and COO. "We are dedicated to providing our customers with innovative technologies and superior product performance. The products and technologies acquired are an excellent complementary addition to Grace's leading line of Darex coating and sealant products."