Business Services Industry
Kemira Oyj acquires majority holding in US-based Kemiron Companies
Nordic Business Report, August 13, 2003
NORDIC BUSINESS REPORT-13 August 2003-Kemira Oyj acquires majority holding in US-based Kemiron Companies(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
The Finnish chemical industry group Kemira Oyj said on Wednesday (13 August) that it had increased its holding in the US-based water treatment company Kemiron Companies Inc from 15% to 60%.
The parties had also agreed on terms under which Kemira is obliged to buy the remaining 40% of shares.
Kemira said that the former majority owner and founder, Lawrence Hjersted, would remain as a minority shareholder in the company, and would continue as CEO of the company.
The acquisition price was not disclosed.
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Most Popular Business Publications
Content provided in partnership with
