Korinna Möller-Boxberger and Frank Haug have assumed sole ownership of Bodo Möller Chemie since Viola Möller’s departure on December 7, 2023, with Frank Haug now the majority shareholder. The company thus remains a cross-generational family enterprise.
"In 2024, the RadTech Board and membership will continue educational efforts to not only encourage the development of new materials, processes, and applications, but to better inform policy makers, regulators, and the general public about the importance of UV+EB to advanced, responsible manufacturing," said Michael Gould, RadTech President, RAHN USA.
Noblelight specializes in the development and manufacture of specialty lighting components and system solutions, from ultraviolet to infrared, and the acquisition is the latest in a series by Excelitas Technologies since its establishment in 2010.
Lu Anne Green will be responsible for overseeing all manufacturing operations across the company's Connecticut-based operating locations, with a focus on planning and prioritizing customer, employee, and manufacturing requirements.
The focus of the co-operation will be on developing improved black mass production processes to achieve high recovery rates for metals such as lithium, nickel, and cobalt to support closed loop solutions for the European electric vehicle battery market.
Seven broad consortia have been established as part of the government-funded “Perspectief” program, with AkzoNobel set to play a leading role in the SusInkCoat project, which will explore how to make inks and coatings more sustainable.
President and CEO Eric R. Byer commented, "as we enter a new year, ACD welcomes the start of second session of the 118th Congress. This will be a pivotal year for the continued growth of the chemical distribution industry and the security of our supply chain."
The completion of the transaction is still subject to customary closing conditions, and both parties have agreed not to disclose the purchase price. Grace Matthews served as exclusive advisor to Silberline, a company specializing in developing and manufacturing effect pigments utilized in various applications.
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