Rhein Chemie (Mannheim, Germany; www.rheinchemie.com), a wholly owned subsidiary of Lanxess (Leverkusen, Germany; www.lanxess.com), has acquired Tire Curing Bladders LLC (TCB; Little Rock, Arkansas), a leading manufacturer of bladders for the tire industry. TCB is a privately owned company that achieved sales of $21 million in 2011. Financial details were not disclosed. The transaction is expected to close with immediate effect.
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