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FINLAND - MB Funds buys VC-backed Forchem

tine
08 January 2007

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MB Funds has signed an agreement to buy Forchem from shareholders including Bio Fund, Profita, OKO Venture Capital, Finnish Industry Investment and the management.

Forchem was founded in 2000, and it operates a tall oil fractionation plant completed in 2002 at Rauma, Finland. Forchem’s products are used in various chemical industry applications such as coatings, fuel additives, adhesives, printing inks and paper chemicals.

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