The Dow Chemical Co. has completed its acquisition of Rohm and Haas and has sold Morton Salt, Rohm and Haas’ salt business, to a German company.

MIDLAND, MI – The Dow Chemical Co. has completed its acquisition of Rohm and Haas and has sold Morton Salt, Rohm and Haas’ salt business, to a German company.

The acquisition will create a $14.0 billion diversified business portfolio, which will be called Dow’s Advanced Materials division. Pierre Brondeau has been named President and CEO of the new division, which includes Coatings, Building and Construction, Specialty Materials, Adhesives and Functional Polymers, and Electronic Materials.

Morton International Inc., the salt business of Rohm and Haas, was sold to K+S Aktiengesellschaft, Kassel, Germany. K+S is a supplier of specialty and standard fertilizers, plant care and salt products. It is a German DAX 30 company.