Merger Completed Between Degussa-Huls and SKW
May 1, 2001
Merger Completed Between Degussa-Huls and SKW
CHAMPAIGN, Ill.--SKWTrostberg, the parent company of Traco Labs Inc., in February completed its merger with Degussa-Huls to create Degussa AG. The new corporation has annual sales of approximately $14.5 billion and 63,000 employees worldwide.
Traco Labs will serve as the North American operating arm for the BioActives business unit, part of Degussa's Health & Nutrition division. Other Degussa divisions includeTexturants, Gelatin and Fruits & Flavors. Traco will offer nutritional lipids, along with Lucas Meyer specialty phospholipids and SKW creatine items.
Traco also announced several new appointments. Ed Saxton was promoted to the newly created position of vice president of sales. Craig Fish was appointed director of East Coast sales and Mark Metivier was named director of international and Midwest sales. Greg Bonfilio continues in his position as director of West Coast sales.
For more information, visit www.tracolabs.comor visit Booth #1600 at SupplySide East.
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