CHRYSO Acquires Certain RUREDIL Operating Assets in Italy

CHRYSO has signed an agreement to acquire certain operating business divisions and assets of Italian chemicals manufacturer RUREDIL S.p.a., covering concrete admixtures, cement additives, technical mortars, fibers and products for decorative concrete and restoration (excluding the Rurmec brand and the structural reinforcement division). The consideration was not disclosed; trade unions are being consulted and completion is expected over the summer subject to customary conditions precedent.