Among the acquisition deals in Malaysian corporate scene of late, Luxchem has moved to buy a compatible chemical products company for $11 million while condom manufacturer Karex has purchased a US-based condom making business, buying the intellectual property as well.
Luxchem to buy Transform Master for $11m
Luxchem Corp Bhd is acquiring chemical product manufacturer Transform Master Sdn Bhd for MYR46 million ($11.01 million), which will entail the latter’s business in manufacturing of chemical products including rubber latex chemical dispersions.