# Huber to acquire remaining 50% stake in MAGNIFIN joint venture

J.M. Huber Corp. signed a definitive agreement with RHI Magnesita to acquire its 50% ownership stake in the MAGNIFIN Magnesiaprodukte joint venture.

- Type: Acquisition
- Announced: 2021-05-24
- Where: Germany
- Status: announced
- Products: magnesium hydroxide products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [J.M. Huber](https://endata.com/companies/11982.md) (acquirer)
- [RHI Magnesita](https://endata.com/companies/17934.md) (target)
- [MAGNIFIN Magnesiaprodukte](https://endata.com/companies/55356.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=22), 2021-05-24: "J.M. Huber Corp. recently signed a definitive agreement with RHI Magnesita to acquire its 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.