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J.M. Huber Corporation: Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture


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% ownership interest in MAGNIFIN as part of the purchase of the
Martinswerk operation from Albemarle in 2016. Located in Bergheim, Germany, Martinswerk became part of the Huber Engineered Materials (HEM) Fire Retardant Additives (FRA) strategic business unit (SBU), which produces a wide range of halogen-free products for flame retardant and smoke suppression applications and aluminum oxides. ....

United States , Nordrhein Westfalen , Lea Volpe , Dan Krawczyk , Magnesiaprodukte Gmbh Co , Jm Huber Corporation , Corporate Communications , Huber Engineered Materials , Fire Retardant Additives , Huber Engineered , Victor Dean , General Manager , Engineered Materials , North America , ஒன்றுபட்டது மாநிலங்களில் , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , லியா வோல்ப் , ஜ்ம் ஹ்யூபர் நிறுவனம் , பெருநிறுவன தகவல்தொடர்புகள் , ஹ்யூபர் பொறியியலாளர் பொருட்கள் , தீ ரிடார்டெஂட் , ஹ்யூபர் பொறியியலாளர் , வெற்றியாளர் டீன் , ஜநரல் மேலாளர் , பொறியியலாளர் பொருட்கள் , வடக்கு அமெரிக்கா ,

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture - News Makers


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% ownership interest in MAGNIFIN as part of the purchase of the 
Martinswerk operation from Albemarle in 2016. Located in Bergheim, Germany, Martinswerk became part of the Huber Engineered Materials (HEM) Fire Retardant Additives (FRA) strategic business unit (SBU), which produces a wide range of halogen-free products for flame retardant and smoke suppression applications and aluminum oxides. ....

United States , Nordrhein Westfalen , Lea Volpe , Dan Krawczyk , Huber Resources Corp , Magnesiaprodukte Gmbh Co , Jm Huber Corporation , Corporate Communications , Huber Engineered Materials , Fire Retardant Additives , Huber Engineered , Victor Dean , General Manager , Engineered Materials , North America , Huber Engineered Woods , Huber Resources , ஒன்றுபட்டது மாநிலங்களில் , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , லியா வோல்ப் , ஹ்யூபர் வளங்கள் கார்ப் , ஜ்ம் ஹ்யூபர் நிறுவனம் , பெருநிறுவன தகவல்தொடர்புகள் , ஹ்யூபர் பொறியியலாளர் பொருட்கள் , தீ ரிடார்டெஂட் , ஹ்யூபர் பொறியியலாளர் ,

Investegate |J.M. Huber Corporation Announcements | J.M. Huber Corporation: Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture


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% ownership interest in MAGNIFIN as part of the purchase of the
Martinswerk operation from Albemarle in 2016. Located in Bergheim, Germany, Martinswerk became part of the Huber Engineered Materials (HEM) Fire Retardant Additives (FRA) strategic business unit (SBU), which produces a wide range of halogen-free products for flame retardant and smoke suppression applications and aluminum oxides. ....

United States , Nordrhein Westfalen , Lea Volpe , Dan Krawczyk , Huber Resources Corp , Magnesiaprodukte Gmbh Co , Jm Huber Corporation , Corporate Communications , Huber Signs Agreement , Acquire Remaining Stake , Huber Engineered Materials , Fire Retardant Additives , Huber Engineered , Victor Dean , General Manager , Engineered Materials , North America , Huber Engineered Woods , Huber Resources , ஒன்றுபட்டது மாநிலங்களில் , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , லியா வோல்ப் , ஹ்யூபர் வளங்கள் கார்ப் , ஜ்ம் ஹ்யூபர் நிறுவனம் , பெருநிறுவன தகவல்தொடர்புகள் , ஹ்யூபர் பொறியியலாளர் பொருட்கள் ,