The manufacturer is expected to report 2022 sales of approximately $140 million, and the acquisition will bring Stahl’s annual sales beyond the €1 billion mark, with an EBITDA margin above 20%.
RHD Polymer and Chemical LLC, established in 2002, is a privately held company based in Louisville, Kentucky, serving the elastomer and plastics industries with specialty elastomers and additives.
The manufacturer, Witte, is based in Tornesch, Germany, with offices in the United States and China. Witte is a specialized manufacturer of gear pumps and associated spare parts and services for the chemical, plastic and polymer processing, food and beverage, and pharmaceutical industries.
AkzoNobel has completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal that strengthens the company’s performance coatings portfolio.
3M announced that it has completed the sale of its rights to the some of its brands and related assets in Thailand and certain other Southeast Asia countries.
Henkel recently announced the acquisition of the Thermal Management Materials business of Nanoramic Laboratories, headquartered in Boston, Massachusetts.
Stepan Co. announced that it has entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC.
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