FMC Sells Peroxygen Unit For $200M To One Equity Partners

Law360, New York (December 13, 2013, 4:28 PM EST) -- Pennsylvania-based chemical manufacturer FMC Corp. agreed to sell its peroxygen business to One Equity Partners affiliates for $200 million, the companies said Friday.

FMC said it wants to refocus on its core business segments, with which the peroxygens business is not a strategic fit. Peroxygens are a class of substances with use as antimicrobial cleaners and disinfectants, which don't leave toxic residues behind, making them useful in agriculture.

"This transaction will help unlock the growth potential of the peroxygens business with focused attention and investment, while...
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