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October 18, 2007
By: KERRY PIANOFORTE
OM Group, Inc. has agreed to acquire Borchers GmbH, a leading European-based specialty coatings additives supplier. Borchers operations will be integrated with OMG’s existing advanced organics business. Terms of the deal were not disclosed Founded in 1807 as a family-run business and formerly owned by Bayer AG, Borchers has belonged to the Lanxess Group since 2004. Borchers’ sales for 2006 were approximately €36 million. Headquartered in Langenfeld, Germany, Borchers has production operations in France and is supported by regional technical service centers in Germany, the U.S. and China.
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