Redox acquires Deltrex business, including Laverton and Girraween sites

SYDNEY, AUSTRALIA: Redox (Redox Pty Ltd) has reached agreement with ALS Limited (formerly Campbell Brothers Limited) to acquire the business of Deltrex with completion of the transaction expected by the end of September 2012. The purchase includes the Laverton and Girraween sites with all plant and equipment in place to continue to service customer requirements.

The acquisition will provide Redox with an injection of talented staff across three states, new products, numerous bulk storage tanks and ability to produce dilutions, manufacture custom blends and repackage. Deltrex customers will benefit from an expanded selection of products, increased efficiencies, greater purchasing power and a renewed focus on its core business. Suppliers to Deltrex will appreciate the opportunity to leverage vast sales network, logistics infrastructure and industry leading systems.

All employees of Deltrex have the opportunity to transfer on their current remuneration package and full leave entitlements. Deltrex will continue trading as a division of Redox. Also Redox will honour all pending orders and commitments to Deltrex customers and suppliers.

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