In a cash deal hovering $1 billion, plus assumption of overseas pension liabilities, The Woodlands, Texas-based Huntsman Corp. has closed on Rockwood Holdings’ Titanium Dioxide and Performance Additives businesses, the latter including legacy concrete pigment producer Davis Colors of Los Angeles.
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Davis Colors parent transitions to chemical giant Huntsman
Sources: Huntsman Corp., The Woodlands, Texas; CP staff
In a cash deal hovering $1 billion, plus assumption of overseas pension liabilities, Huntsman has closed on Rockwood Holdings’ Titanium Dioxide and Performance Additives businesses, the latter including legacy concrete pigment producer Davis Colors of Los Angeles.