Artek US acquires Kemira's energy division for $280M, merges with Sterling Specialty Chemicals

Artek US, a Praana Group subsidiary, acquired the energy-related division from Kemira for approximately USD $280 million and merged it with Sterling Specialty Chemicals to form a larger global specialty chemicals business.

“Artek US, a leading player in the global specialty chemicals industry and a subsidiary of the Praana Group, has successfully acquired the energy-related division from Kemira, for approximately USD $280 million to form merger with Sterling Specialty Chemicals.”businesswire.com

• 1 source
• businesswire.comArtek US, a Praana Group Company, Acquires Energy Division from Kemira to Form Strategic Merger with Sterling Specialty ChemicalsFeb 6, 2024

Summarized from public sources; check the original articles before acting on it.