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For release at 7.00 am Monday 2ndMarch 2015
Johnson Matthey completes acquisition of battery materials business from Clariant
Johnson Matthey, a global leader in sustainable technologies, announces that on 28th February 2015 it completed the acquisition of the battery materials business of Clariant AG (Clariant) for US $75 million. This completes the transaction which was first announced on 29thOctober 2014.
Commenting on the transaction, Robert MacLeod, Chief Executive of Johnson Matthey said: "The further strengthening of our battery technologies capability is a key milestone in the development of our New Businesses Division. It marks an important step in Johnson Matthey's long term strategy to establish new businesses in adjacent markets with strong growth potential that align with our technology competences."
Enquiries:
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Sally Jones
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Director, IR and Corporate Communications
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+44 20 7269 8407
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David Allchurch / Tom Buchanan
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Tulchan Communications
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+44 20 7353 4200
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www.matthey.com
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This information is provided by RNS
The company news service from the London Stock Exchange
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Johnson Matthey PLC
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CODE : JMAT.L |
ISIN : GB00B70FPS60 |
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Johnson Matthey is based in United kingdom. Johnson Matthey is listed in United Kingdom and in United States of America. Its market capitalisation is GBX 347.5 billions as of today (US$ 405.7 billions, € 379.1 billions). Its stock quote reached its lowest recent point on September 16, 2005 at GBX 1 005.45, and its highest recent level on April 26, 2024 at GBX 1 747.00. Johnson Matthey has 198 900 000 shares outstanding. |