SICO <SIC.TO> TO BUY REICHOLD <RCI> UNIT ASSETS
Sico Inc said it agreed in principle
to buy the U.S. assets of Reichold Chemicals Inc's Sterling
Group, which manufactures electrical insulation compounds and
industrial resins and develops coatings for the electronics
industry. Terms were undisclosed.
    Sico said it acquired Sterling Group's Canadian assets in
February.
    It said the U.S. acquisition adds about 15 mln dlrs to its
annual sales volume.
 Reuter
