Dan Krawczyk News Today

Biolchim Group will become part of Huber Engineered Materials

J.M. Huber Corporation Signs Agreement to Acquire the Biolchim Group From NB Renaissance, Chequers Capital and Management Team GlobeNewswire August 08, 2022 ATLANTA, Aug. 08, 2022 (GLOBE NEWSWIRE) -- J.M. Huber Corporation (Huber)—a global, family-owned specialty engineered materials manufacturing company—announced today that it has signed a binding agreement to acquire full control...

Purchase to enhance additive business for elastomers, thermoplastic materials

Huber Engineered Materials (HEM) has strengthened its position in the fire retardant additives market with the acquisition of Magnifin Magnesiaprodukte GmbH & Co. KG, formely a 50/50 joint venture with RHI Magnesita.

Magnifin products are sold globally by Martinswerk GmbH as part of the HEM Fire Retardant Additives (FRA) strategic business unit, which produces a wide range of halogen-free fire retardants, smoke suppressants and specialty aluminum oxides.Based in Breitenau, Austria, Magnifin has been producing premium magnesium hydroxide (MDH) products since 1990. Magnifin®…

Huber Engineered Materials has acquired the remaining 50-percent stake of Magnifin Magnesiaprodukte, a fire retardant additives firm based in Austria.

J.M. Huber Corporation: Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture ATLANTA, May 05, 2021 (GLOBE NEWSWIRE) -- On May 4, J.M. Huber Corporation ("Huber") signed a definitive agreement with RHI Magnesita ("RHIM") to acquire their 50% ownership stake in the companies 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG ("MAGNIFIN"). This transaction is expected to close in the second half of 2021, pending regulatory approvals. Huber originally acquired its 50...

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture ATLANTA, May 05, 2021 (GLOBE NEWSWIRE) — On May 4, J.M. Huber Corporation (“Huber”) signed a definitive agreement with RHI Magnesita (“RHIM”) to acquire their 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). This transaction is expected to close in the second half of 2021, pending regulatory approvals. Huber originally acquired its 50% owners...

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture ATLANTA, May 05, 2021 (GLOBE NEWSWIRE) -- On May 4, J.M. Huber Corporation (“Huber”) signed a definitive agreement with RHI Magnesita (“RHIM”) to acquire their 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). This transaction is expected to close in the second half of 2021, pending regulatory approvals. Huber originally acquired its 50% owner...