Koch completes Invista acquisition

By Patrick Raleigh ERJ On-line news editor

Wichita, Kansas-Koch Industries, Inc. has completed its $4200-million of Invista, from DuPont. The purchase includes the assumption of debt and certain joint venture and equity interests covered under a non-binding letter of intent, said a 30 April joint statement.

Going forward, the company will conduct business as Invista, according to Koch.

“Our focus for the near future is to enhance this business’ ability to create superior value for our global customers,” said Jeff Walker, Invista’s chief executive officer.

“We believe…

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