Kemira has completed the acquisition of Thatcher Group’s iron sulfate coagulant business in the East Coast region of the United States. The transaction includes certain customers and assets of the business. No employees will move to Kemira in the transaction as Kemira will serve the new customers from its existing manufacturing facilities. Annual revenue of the acquired business is less than 10 million US dollars. Thatcher Company, Inc. is a diversified chemicals manufacturer and distributor headquartered in Salt Lake City.
Tuija Pohjolainen-Hiltunen, EVP Water Solutions at Kemira said: The acquisition is highly synergistic with our existing operations. It is also one step towards our aim to double the revenue in water.”
For more information, please contact
Kemira Oyj
Mikko Pohjala, Vice President, Investor Relations
mikko.pohjala@kemira.com
Tel. +358 40 838 0709
Greg Morrison, Director, Communications
greg.morrison@kemira.com
Tel. +31 621 62 87 23
Kemira is a global leader in sustainable chemical solutions for water-intensive industries. We deliver tailored products and services to improve the product quality, processes, and resource efficiency of our diverse range of customers. Our focus is on water treatment, as well as on fiber and renewable solutions – enabling sustainability transformation for our customers. In 2024, Kemira reported annual revenue of EUR 2.9 billion with a global team of some 4,700 colleagues. Kemira is listed on the Nasdaq Helsinki www.kemira.com