Kemfine UK has been sold to Munich-based Aurelius AG

Kemfine UK has been sold to Munich-based Aurelius AG for an undisclosed sum.

The Grangemouth business, part of the Finnish-based KemFine Group, produces chemicals in the agrochemical and pharmaceutical sectors.

The UK arm had sales of £41million in 2009 and employs around 200 people at Grangemouth.

Welcoming the announcement the SNP’s candidate at the forthcoming Scottish Parliament election, Grangemouth Councillor Angus MacDonald said:

“The acquisition of Kemfine by German firm Aurelius is extremely welcome news for Grangemouth in the current economic climate and helps secure the long-term prospects for the Grangemouth plant.

“Aurelius has a good track record in committing to long-term projects in previous acquisitions, which bodes well for the future of the Grangemouth plant and will be of great comfort to the 200 employees at the Grangemouth plant.”

Copyright © Angus MacDonald MSP 2017

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