Degussa Acquisition of CYRO Strengthens Its Specialty Polymers Business

摘要

DUSSELDORF,Germany - Degussa AG has signed an agreement to acquire Cytec Industries Inc.'s 50-percent holding in CYRO Industries,a joint venture established in 1976 between Degussa and Cytec.The sales price amounts to us95 million (74 million euros).Degussa's methacrylate activities will be combined with CYRO's activities in the Americas following closing.