Kemira Oyj has on October 1, 2013, closed the acquisition of 3F Chimica S.p.A ("3F") announced on July 1, 2013.
The transaction price of the deal is EUR 85 million and will impact be cash-effective in the fourth quarter of 2013. For the full year 2013, revenues of 3F are expected to be EUR 70-75 million, starting to impact Kemira's revenue positively as of the fourth quarter of 2013.
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2012, Kemira had annual revenue of EUR 2.2 billion and around 4,900 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.