Specialty chemicals maker OM Group (OMG) agrees to buy Germany's Vacuumschmelze for €700M ($1B)...

|About: OM Group, Inc. (OMG)|By:, SA News Editor

Specialty chemicals maker OM Group (OMG) agrees to buy Germany's Vacuumschmelze for €700M ($1B) as it looks to push into Europe and benefit from what it calls 'mega-trends' related to alternative energy. OM expects the acquisition to add to earnings this fiscal year. (PR)