Tag: Vishal Goenka

Artek US acquires energy division from Kemira to form strategic merger with Sterling Specialty Chemicals

Artek US, a leading player in the global specialty chemicals industry and a subsidiary of the Praana Group, has successfully acquired the energy-related division from Kemira, for approximately USD $280 million to form merger with Sterling Specialty Chemicals. The company had revenue in 2023 in excess of $600 million. This acquisition marks a pivotal moment for the…