Acquisitions strengthen RHI's worldwide ISO business

摘要

The acquisition of two refractories ISO plants in Scotland (Bonnybridge) and the USA (Saybrook) by RHI AG has been completed successfully on 16 April 2008 following the approval by the European and US anti-trust authorities. RHI takes over the two plants, which were previously operated by Foseco plc, from the Cookson Group plc, the new owner of Foseco. The parties agreed to keep the purchase price confidential. The business unit will be fully integrated into RHI's ISO business and ideally complements RHI's portfolio in terms of product range and regional market penetration.