Oxbow confirms ICEC purchase

West Palm Beach, Fla.-Oxbow Carbon and ICEC have confirmed the earlier reported purchase (GM Nov. 29, 2010) of the ICEC Group of companies; transaction terms were not disclosed. “Oxbow provides a unique platform to support ICEC’s growth objectives,” said Dick Van Meurs and Bill Zisson, ICEC’s Co-CEOs, in a statement. “Oxbow’s wealth of resources and deep experience in logistics and operations will enhance ICEC’s ability to serve its customers on a worldwide basis.” “We believe that ICEC is a perfect fit for our company,” said Oxbow CEO William I. (“Bill”) Koch. “We think their sulfur based products and fertilizers complement our strong portfolio and the employees understand their market and customers. I am very excited about the possibilities.”