Harsco to buy Excell Materials

Harsco Corporation, which provides services for steel makers and rents construction equipment, is to buy Excell Materials for US $200 million.

Harsco Corporation, which provides services for steel makers and rents construction equipment, is to buy Excell Materials for US $200 million.

The company expects to close the deal in the first quarter of this year.

Excell specialises in developing minerals technologies from steelmaking slag for use in the commercial turf and agriculture and cement markets.

 

The company posted profit of more than $100 million in 2006.

Harsco provides mill services, access services, engineered products and services, and gas containment and control technologies.

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