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July 26, 2000 02:00 AM

Norton to acquire Chemfab

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    MERRIMACK, N.H (July 26)—Norton Co. has agreed to acquire Chemfab for about $136 million. The deal calls for a subsidiary of Norton to buy all Chemfab shares at $18.25 per share, the companies said in a joint press release. Norton itself is a subsidiary of Compagnie de Saint Gobain, and last year acquired rubber and plastics goods maker Furon Co. Chemfab makes a wide range of polymer products, including silicone and fluoroelastomer goods.

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