Lubrizol Completes Purchase of Avecia Additives Business
WICKLIFFE, OH - The Lubrizol Corp. has completed its acquisition of Avecia's Additives business, a supplier of dispersion additives based in Blackley, UK. The acquired business had 2003 revenue of approximately $50 million.
Included in the acquisition are a manufacturing facility in Huddersfield, UK, and technical centers in England, Singapore and the United States. Avecia's product line includes the brands Solsperse, Solplus and Solthix, used as dispersion agents for pigments and colors in coatings and ink and other specialized applications such as plastics and composites.