Cabot Corporation, a specialty chemicals company, has agreed to purchase Dutch activated carbon maker Norit N.V. from British private equity firm Doughty Hanson & Co. Managers Limited and Dutch investment company Euroland Investments B.V. for $1.1 billion.
Activated carbons are performance materials used in environmental protection, food and beverages, air and water purification, pharmaceuticals and catalysts. Norit operates 10 manufacturing facilities throughout the Americas and Europe, generating $360 million in sales in 2011 and growing 12 percent annually since 2007.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
