By Liz White, ERJ staff
Weinheim, Germany-Freudenberg & Co. has put its recent acquisition, release agents company Chem-Trend, of Howell, Michigan, into a new business group, Freudenberg Chemical Specialities. This move places all of Freudenberg’s lubrication activities-its Klueber Lubrication Group, based in Munich, together with Chem-Trend-under one umbrella.
The three parts will nevertheless, â€œcontinue to operate independently with their own brands in their own respective markets,â€ said a statement from the group.
Freudenberg Chemical Specialities will have total sales of about Euro 375 million and a…