This transaction completes Rohm and Haas Company’s divestiture of its Automotive Coatings business.
Rohm and Haas to Sell European Auto Coatings Business to Mader
July 1, 2007
FRANKFURT, Germany - Rohm and Haas Company has signed a definitive agreement to sell its European Automotive Coatings business, Frankfurt, Germany, including its manufacturing site in Strullendorf, Germany, to the Mader Group, a leading independent manufacturer of high-tech industrial paints and coatings based in Lille, France, with operations throughout Europe. The transaction is expected to close later this year.