Rockwood Pigments to Acquire Johnson Matthey Pigments Unit
PRINCETON, NJ - Rockwood Specialties Group Inc. subsidiary Rockwood Pigments (UK) Ltd. announced a definitive agreement to acquire the Pigments and Dispersions business of Johnson Matthey plc for approximately $50 million.
The transaction, which is subject to regulatory clearance, is expected to close by the end of the third quarter, Rockwood Specialties said. The acquisition includes manufacturing facilities in Kidsgrove and Sudbury, UK, and Braeside, Australia.