CHAPTER 9
A NEW MINDSET FOR M&A
Getting Real Value from Synergies
This transaction is another major milestone in creating a new ICI for the new century. The portfolio of businesses in ICI is well positioned to develop and deliver sustainable profitable growth over the coming years.
—Charles Miller Smith, CEO, ICI PLC
Imperial Chemical Industries (ICI PLC) was a pillar of British industry. Founded in 1926 through the merger of four companies, it was the largest manufacturer in Britain for much of its history. ICI competed with the likes of DuPont in the production of a broad range of industrial chemicals, polymers, fertilizers, explosives, and paints worldwide. ICI patented more than thirty-three thousand inventions over its seventy-five-year ...
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