BAYER MaterialScience will completely acquire Baule SAS from Eximium SAS and other shareholders in the joint venture. Baule SAS specialises in the development, formulation and processing of polyurethane cast elastomers. Based in Romans, France, the company has subsidiaries in the US, the UK, France and China.
The transaction will affect 139 employees, all of whom will be retained. Financial details have not been disclosed. According to the company the acquisition will enable them to expand its potential for cast elastomers and also provide them with even greater access to this attractive market. (PRA)
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