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Johnson Matthey completes acquisition

March 2, 2015
Chemical Value Chain
(StockMarketWire.com) – Johnson Matthey, a global leader in sustainable technologies, has completed the acquisition of the battery materials business of Clariant for $75m. This completes the transaction which was first announced on 29 October. 
 
Chief executive Robert MacLeod said: “The further strengthening of our battery technologies capability is a key milestone in the development of our New Businesses Division. It marks an important step in Johnson Matthey’s long term strategy to establish new businesses in adjacent markets with strong growth potential that align with our technology competences.”

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