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Chemada Fine Chemicals Company (1996) Ltd. was acquired by a group of strategic investors and will operate as Chemada Industries Ltd. as of June 1, 2019. The new company purchased all previous assets and activity.
“We are thrilled to announce that a sale agreement was signed between Chemada Fine Chemicals Company (1996) ltd. and a group of strategic investors from the chemical industry.”chemada.com
Summarized from public sources; check the original articles before acting on it.