Amber Chemical Company sells industrial repair and aftercare business.

“Amber Chemical Group announced today Monday 28th February 2011 that it has sold its Ambratec-Matecra industrial repair and maintenance business operating in Germany and Austria together with its Automotive aftercare business, Automotive Cleaning Chemicals based in the UK to the Berner Group based in Kuenzelsau, Germany.

Joachim Roeser, Group CEO of Amber commented: “This transaction will allow Amber to concentrate on its Silicone Specialty business and to accelerate the rapid expansion into new segments and territories of the silicone market. It will also ensure that Ambratec –Matectra and Automotive Cleaning Chemicals get the appropriate resources and attention they deserve under the new ownership of Berner, who are Industrial Investors.”