Efesis, the German subsidiary of Saint-Gobain, has acquired the abrasives division of Dynamit Nobel“s ceramics subsidiary, Cerasiv. Cerasiv will now focus on high-performance ceramics having sold the…
Efesis, the German subsidiary of Saint-Gobain, has acquired the abrasives division of Dynamit Nobel“s ceramics subsidiary, Cerasiv. Cerasiv will now focus on high-performance ceramics having sold the non-core abrasives operation. Dynamit Nobel has expressed an interest in buying Hoechst“s ceramics subsidiary, CeramTec, to further bolster its position. Cerasiv“s sales during the first three quarters of 1995 totalled DM 280 million (up 15%). CeramTec“s 1994 sales amounted to DM 256 million.