Reichhold Completes Its Beatrice Unit Takeover
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WHITE PLAINS, N.Y. — Reichhold Chemicals said it completed the previously announced acquisition of the adhesives and wax coatings business of Beatrice Cos. for a cash price of $53.7 million, plus the assumption of certain debt obligations.
Reichhold said the newly acquired business, now known as Swift Adhesives, will be managed on a stand-alone basis.
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