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Paramelt has acquired a majority stake in Kahl GmbH & Co. KG, a German manufacturer of natural-based waxes, strengthening its position in natural waxes for beauty, personal care, home care and food industries.
Paramelt has acquired the specialty wax activities of Sonneborn Refined Products B.V. in Koog aan de Zaan, Netherlands. The deal includes transitioning production to Paramelt's site in Heerhugowaard.