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Meadwestvaco Corp's MWV Specialty Chemicals Agrees To Acquire Resitec Industria Quimica, Ltda. From AECI Ltd

Wednesday, 7 Nov 2012 08:00am EST 

Meadwestvaco Corp's MWV Specialty Chemicals announced a definitive agreement to purchase the remaining outstanding ownership stake of Resitec Industria Quimica, Ltda., a Brazilian company that serves the Latin American Pine Chemicals industry. MWV and South Africa-based AECI Limited have held a 50-50 joint venture partnership interest in Resitec for the past four years. The decision to move Resitec to one owner was made jointly. The agreement is contingent on final government approvals. Terms of the agreement were not disclosed. 

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