Reserve Chemical Company Acquired by Swiss Firm

Summary


Clariant Oil Services, a division of Baselland, Switzerland- based specialty chemical maker Clariant Ltd., has purchased the business and primary assets of Data Chem Inc. in Reserve. Purchase price was not disclosed.

Privately owned Data Chem, founded in 1982, makes specialty chemicals for the drilling industry. The company employs about 30 people and does about $10.7 million in annual revenues, according to research firm Thomson-Gale.

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Reserve Chemical Company Acquired by Swiss Firm

Clarian...

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