Tel Aviv-ICL Performance Products, a unit of Israel Chemicals Ltd., said Jan. 21, that it has completed the acquisition of Biogema S.A., a French manufacturer of fire safety products. ICL previously announced its agreement to acquire Biogema in November 2007. ICL says the strategic acquisition of Biogema, following its recent acquisitions of Astaris LLC and Fire-Trol, firmly establishes ICL as a world leader in wildfire fighting products. Biogema will be integrated into ICL Performance Products’ Fire Safety business unit, which includes Astaris’ fire safety business, acquired by ICL in 2005, and Fire-Trol, a Canadian producer of wildfire retardants, acquired in 2007. Biogema, which produces and sells wildfire retardants and fire foams for extinguishing fires, adds a broadened product portfolio and geographic reach to ICL’s fire safety business, as well as important European manufacturing, logistics, and support capabilities.
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