2014-Apr-02
Chemetall acquires the SaberPack glass protection business
Effective April 1st, 2014 Chemetall US, Inc. has acquired certain business assets of SaberPack in Lino Lakes, Minnesota/ USA. With the acquisition of SaberPack’s glass surface protection technologies, the leading surface treatment company strengthens its worldwide market position in the glass industry. “The innovative interleaving powder glass protection business of SaberPack is a perfect fit for us to extend our broad range of high-tech protection materials and to further expand our regional presence in North America and abroad” says Kurt Wenzel, Senior VP Corporate Strategy and Business Development of Chemetall.
A dedicated glass division within the Chemetall group, Aachener Chemische Werke (“ACW”), manufactures and markets specialty chemicals for the float-, optical- and automotive glass industry. “The SaberPack acquisition is in line with our strategic goal to enlarge, strengthen and grow our glass business globally”, comments Joris Merckx, President of Chemetall and adds “We are in the position to offer technically advanced concepts to the glass industry by combining our existing interleaving powder, coolants, cutting fluids, washing compounds and water treatment chemicals business with SaberPack’s glass protection solutions.”
About Chemetall
Chemetall, a division of Rockwood Holdings, Inc. (NYSE: ROC), is a leading global supplier of special chemicals with a focus on processes for the surface treatment of metals and plastics. Chemetall is headquartered in Frankfurt am Main, Germany, and comprises about 40 companies and 22 production sites worldwide. With 2,100 employees, the Group achieved sales of about 592 million Euro (2013). More at www.chemetall.com.
About Rockwood Holdings, Inc.
Rockwood Holdings, Inc. based in Princeton, N.J./ USA, is a leading global developer, manufacturer and marketer of technologically advanced and high value-added specialty chemicals, with a market capitalization of approximately $5 billion. It is a leading integrated and low cost global producer of lithium and lithium compounds that has been an enabler of the significant global growth of mobile devices by providing adequate lithium supply used in lithium-ion batteries for electronics and alternative transportation. The company is also the second largest global producer of products and services for metal processing, servicing the luxury European automotive, general industry and aerospace industry. With approximately 3,500 employees in 17 countries and over 50,000 customers, Rockwood’s materials result in end-use products for nearly every industry and generated annual net sales of approximately $1.4 billion in 2013 (after adjustment for discontinued operations). For more information on Rockwood, please visit www.rocksp.com.
