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Cobar Group Becomes Part of Balver Zinn
Balve, Germany & Breda, Netherlands — The Cobar Group BV has officially become part of Balver Zinn, with the final full transfer of ownership of Cobar to the non-ferrous metals producer headquartered in Balve, Germany. The intended merger was first announced in March 2007 with the signature of a Letter of Intent ("LOI") relating to Cobar joining the Balver Zinn Group. The conclusion of the agreement realizes a transfer of full ownership of Cobar to Balver Zinn.

As a member of the Balver Group, Cobar will lead the future development of solder paste, solder fluxes and related products. Balver Zinn will continue to focus on the metallurgy of the solder materials.

For more information, contact: Cobar Solder Products, 53 Wentworth Avenue, Londonderry, NH 03053 603-432-7500 fax: 603-432-7519 Web: http://www.cobar.com or http://www.balverzinn.com

 

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