OM Group
1196 million USD (2010) 872 million USD (2009) 1739 million USD (2008)
OM Group, Inc. is a specialty chemical manufacturer headquartered in Cleveland, Ohio, USA and production facilities in Europe, Asia and America. The company is listed on the New York Stock Exchange under the OMG and had about 2900 employees before the acquisition of Vacuum melt. OMG Kokkola Chemicals Oy in Kokkola, Finland, with a quantity of 9299 tonnes ( 2010), the world's largest producer of cobalt.
Foundation and History
OM Group was founded in 1991 by the merger of the American Mooney Chemicals, Inc. with Outokumpu 's Kokkola Chemicals Oy in Finland and Vasset, SA established in France as Mooney Outokumpu Group. In 1993, Outokumpu 96% of the group to the Exchange, 4% remained in the possession of James Mooney.
2007 Joseph M. Scaminace announced a long-term growth plan through product innovation and tactical and strategic acquisitions:
- Skills development in particle control and surface modifications, as well as high purity, functional products organic and inorganic.
- Extension of the existing sales market and customer base in neighboring markets.
- Expansion of the product portfolio and technologies in the areas of portable power ( " portable power " ), electronic chemicals ( chemicals for the electronics industry), catalysts (catalysts) and Advanced Materials.
Milestones
1996: Purchase of the company SCM Metal Products Inc. 2000: Purchase of the nickel plant of Outokumpu Oyj in Finland Harjavalta 2000: acquisition of Rhodia Metallorganiksparte 2001: acquisition of Degussa Metals Catalysts Cerdec AG ( dmc2 ) 2003: sale of the precious metal group, including dmc2 to the Belgian Umicore 2006: Sale of Nickel activities in Norilsk Nickel 2006: Acquisition of PlasChem Specialty Products Pte Ltd 2007: Expansion of cooperation with the company QuantumSphere, Inc. 2007: acquisition of the additive manufacturer Borchers GmbH from Lanxess 2007: acquisition of the electronics business of Rockwood Holdings, Inc. 2009: acquisition of the battery manufacturer Eaglepicher Technologies, LLC of Eaglepicher Corporation 2012: Takeover of the company Vaccumschmelze by One Equity Partners 2011: Acquisition of Rahu Catalytics Limited from Unilever Ventures and Management.