Sulzer, Ltd. (SWX:SUN) acquired the assets of the carbon business of Thermoset, Inc. for $21.5 million in cash on December 26, 2012. In 2012, the acquired carbon business of Thermoset reported sales of around $18 million. All 35 employees will be retained and the Mequon site will be further strengthened.

Sulzer, Ltd. (SWX:SUN) completed the acquisition of assets of the carbon business of Thermoset, Inc. on December 26, 2012.