Kemira sells its IPOS service company to Coor.

IPOS (Industry Park of Sweden AB) provides its customers maintenance, technical and other services in the Industry Park in Helsingborg. The IPOS legal entity and a staff of about 130 persons are planned to be transferred to Coor per July 1, 2010. Kemira produces in Helsingborg water treatment chemicals as well as pulp and bleaching chemicals. Kemira will keep in its ownership some of the services and assets like energy production, harbour and EHSQ services and procurement of the key raw materials.

Coor Service Management is a leading Nordic service company employing around 4.000 persons. The revenue of the company is EUR 600 million.

Kemira is a global two billion-euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers’ energy, water, and raw material efficiency. Kemira’s vision is to be a leading water chemistry company.

Back to transactions