Kemira has acquired certain assets of Charlotte, North Carolina-based Soto Industries. The transaction does not have material impact on Kemira's financial figures and the parties have agreed not to disclose the transaction price.

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Kemira acquires certain assets of Soto Industries

Sep 02, 2015. /Lesprom Network/. Kemira has acquired certain assets of Charlotte, North Carolina-based Soto Industries, as the company said in the press release received by Lesprom Network.

"The Soto Industries, LLC acquisition is another example of Kemira's dedication to the pulp and paper industry as well as Kemira's commitment to execute our global growth strategy via continued investment into our Paper segment," says Billy Ford, Senior Vice President, Paper segment, Americas.

The transaction does not have material impact on Kemira's financial figures and the parties have agreed not to disclose the transaction price.

Soto specializes in the application of scale control products, defoamers, and settling agents for the pulp and paper industry.

Kemira is a leading chemicals supplier serving the global pulp and paper industry.