OMG Completes Acquisition of dm[c.sup.2].(OM Group Inc. to acquire Degussa AG subsidiary)(Brief Article)

Ceramic Industry, October, 2001

OM Group, Inc. (OMG) has announced that its acquisition of dm[c.sup.2], a subsidiary of Degussa AG, has been completed. The businesses that OMG will retain include metals management, automotive catalysts, fuel cells, precious metals chemistry, technical materials, and jewelry and electroplating. Also, as previously announced, OMG will divest the electronics materials, performance pigments and colors, glass systems and Cerdec ceramics divisions to Ferro Corp. in the near future.

This acquisition enhances OMG's current technologies of refining and processing value added specialty metal products by adding precious metals, including platinum, palladium, rhodium, gold and silver, to its strong base metal business of primarily cobalt, copper and nickel.