KMG Chemicals is accepting Valves Inc. of Texas (Val-Tex) for $23.5 actor in cash, additional added stock-based remuneration. Val-Tex aliment automated lubricants and sealants, and becoming $3.4 actor on $12 actor in sales during its aftermost budgetary year. It additionally owns a 5.2% pale in KMG.
a title=”Dow” href=”http://www.dowagro.com/”>Dow AgroSciences and start-up close Radiant Genomics will abet to advance accustomed crop aegis chemistries. The accomplishment will amalgamate Radiant’s metagenomic artefact analysis belvedere with ’s>
VUV Analytics, maker of a exhaustion ultraviolet assimilation spectroscopy instrument, has aloft $9 actor from investors. VUV will use the money to commercialize the instrument.
Kuraray has acquired Australia-based Plantic Technologies, a maker of biobased barrier films for aliment packaging. Plantic, whose films are based on high-amylose starch, has anniversary sales of about $25 million.
American Vanguard has acquired Adama Agricultural Solutions’ European Nemacur fenamiphos insecticide and nematicide assets. In 2010, American Vanguard bought Nemacur assets alfresco Europe from Bayer.
Valeant Pharmaceuticals will lay off 258 workers at North Carolina-based Salix Pharmaceuticals, which it afresh acquired for $16 billion. Valeant affairs to advance a bound attendance in Raleigh, N.C.
Takeda Pharmaceutical will alteration to Osaka Gas Chemicals its 54% pale in Mizusawa Automated Chemicals. Founded in 1937 and currently employing 350, Mizusawa produces activated adobe for use as adsorbent material, adhesive additives, and stabilizers for polyvinyl chloride resins.
Merck & Co. will assignment with Arvinas, a New Haven, Conn.-based biotech firm, on technology to abase ambition proteins. The ally will use Arvinas’s proteolysis-targeting chimeras, bifunctional baby molecules that abet a cell’s accouterment to bind to a accurate protein and “label” it for degradation.
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