The transaction combines thin-film coating, optical fabrication and metrology capabilities for aerospace, defense, life-science and semiconductor markets.
The new Carling purification unit is designed to cut process energy use 25% and site carbon intensity 20% while supplying monomers for coatings and adhesives.
The acrylic acid and esters producer joins Mutares’ chemicals portfolio, transferring ownership of a business with approximately €110 million in annual revenue.
The company has grown from an 1876 gold-beating workshop into an international supplier of metallic and pearlescent pigments for coatings and other markets.