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Lubrizol/Noveon Acquires Nalco's Personal Care Business
Posted: January 27, 2011
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With this acquisition, Lubrizol will also be assuming approximately 15 full-time employees, and it is expected that all Nalco personal care products will be transitioned to Lubrizol over the next six months. The Nalco personal care brand names will be retained and unified under the Noveon Consumer Specialties product line. The deal closed on Jan. 21, 2011, and the acquisition will be accretive in the first year.