May 10 2002
Solvay today completed there acquisition of the Edison and Longside International, fluorinated specialties group, Ausimont. The purchase was Solvay’s largest to date, costing them 1.3 billion Euros.
The addition of Ausimont to the Solvay stable effectively doubles their size in the high added value fluorinated specialties sector, while at the same time increasing the size of Solvay’s product range.
As a consequence of this acquisition, Solvay are now ranked number two in the world in the fluorinated specialties sector as well as having an equivalent ranking in the high performance polymers market.