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OM Group

OM Group cargo
Private
Traded as : OMG
Industry Specialty Chemicals
Fate Acquired by Apollo Global Management
Headquarters Cleveland, Ohio, United States
Area served
Worldwide
Key people
Joseph Scaminace (Chairman and CEO)
Products Specialty chemicals
Revenue IncreaseUS$1.64 billion(FY 2012)
DecreaseUS$36.5 million (FY 2011)
DecreaseUS$42.0 (FY 2011)
Total assets DecreaseUS$2.5 billion (FY 2012)
Total equity DecreaseUS$1.2 billion (FY 2012)
Number of employees
6,800
Website www.omgi.com
Footnotes / references

OM Group Incorporated is a metal-based chemistry firm based in Cleveland, Ohio, United States. It is a provider of speciality chemicals, advanced materials and technologies. The company was listed on the prior to being privatized by Apollo Global Management in June 2015.

OM Group employs approximately 6,000 people and has locations in Canada, China, D.R. Congo, France, Finland, Germany, India, Japan, Malaysia, Singapore, Taiwan, the United Kingdom and the United States.

OMG has six business units:

Of these six units, its three main business platforms are: magnetic technologies, battery technologies and speciality chemicals.

OM Group supplies more than 4,000 customers, serving more than 50 industries worldwide, including automotive systems, electronic devices, aerospace, industrial and renewable energy.

The roots of the company date back to the 1940s when the company’s predecessor Mooney Chemical Company was founded in 1946 in Cleveland by namesake James Mooney and his partner Carl A. Reusser. Forging strong ties with copper and nickel miners in Zaire and Zambia, Mooney quickly became key supplier of the metals, helping maintain some of the highest levels of productivity in the cobalt specialty-chemicals industry. In the mid-1990s, for example, OM Group's sales per employee were more than double the industry average, at $850,000 compared with less than $300,000.


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