Michelman acquires European-based Licomer floor polish additive business from Clariant
November 11, 2011
Michelman has acquired Clariant’s European-based Licomer business. The purchase includes the Licomer line of floor polish additives, associated intellectual property, equipment and assets. Michelman will integrate all related customer support and technical service into its offices and labs in Luxembourg and Belgium. The company has named Vladimir Nuñez as business manager, Licomer. Clariant will continue to sell and service the Licomer line in Central and South America and the Caribbean under a trademark license from Michelman.
Licomer is a family of water-based polymer dispersions and wax emulsions for the manufacture of dry-bright emulsions intended specifically for the care of floors. The range of solutions numbers more than thirty grades including acrylic and styrene-acrylic dispersions, both free of metal salts and containing metal salts, and emulsions of polyethylene and montan waxes. The various grades are designed for household, industrial, and institutional use on surfaces including terrazzo, marble, PVC, linoleum and parquet.
The acquisition was handled through Michelman’s Ventures group formed in June 2011.