S.Africa's Barloworld buys colourant maker ICC

Newswire

JOHANNESBURG, March 24 (Reuters) - South African industrial group Barloworld Ltd said on Wednesday it had acquired International Chemical Corporation, a producer of colourants for the paint industry. The group declined to say how much it paid for ICC, the leading firm in South Africa'S decorative paint sector, citing a confidentiality clause. "It is not an insignificant purchase, it is an acquisition of consequence," Andre Lamprecht, Chief Executive of Barloworld Coatings, told Reuters. He ...

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