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Gabriel-Chemie: Acquisition of remaining shares in German subsidiary

Twenty-one years after it first entered into a joint venture with Bühler Vermögensverwaltung, leading European masterbatch producer Gabriel-Chemie Group (Gumpoldskirchen / Austria; www.gabriel-chemie.com) has bought up all of Bühler's shares in Gabriel-Chemie Deutschland.

As part of the deal, the price of which was not disclosed, Gabriel-Chemie will acquire Bühler's remaining 50% stake in the German company. The acquisition is to go into effect retroactively as of 1 January 2010.

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