Industry News

OMNOVA Solutions Completes Sale of Its GenFlex Building Products Business to Firestone

Published on 2006-10-03. Author : SpecialChem

FAIRLAWN, Ohio -- OMNOVA Solutions (NYSE: OMN) announced that it has completed the sale of its GenFlex Building Products business to Firestone Building Products Company, a division of BFS Diversified Products, LLC. The companies announced a definitive agreement on September 25, 2006. The transaction closed on September 27, 2006.

OMNOVA Solutions Inc. is a technology-based company with 2005 sales of $810 million and a current workforce of 1,700 employees worldwide. OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses.

Source: OMNOVA Solutions Inc.

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