Johnson Matthey acquires Formox
Johnson Matthey announces that it has completed the purchase of Formox AB (Formox) for SEK 1.05 billion (£107 million) in cash from Perstorp Specialty Chemicals AB, a company owned by PAI Partners. Formox is a leading global provider of catalysts, plant designs and licences for the manufacture of formaldehyde, an important chemical intermediate. It has developed a market leading …