# Highsun Holding Group acquires Fibrant from ChemicaInvest

Highsun Holding Group Ltd. acquires Fibrant BV and 60% of Fibrant Co. Ltd. from ChemicaInvest, a joint venture of CVC Capital Partners and DSM. The deal includes caprolactam and nylon plants in Geleen, Netherlands and Nanjing, China.

- Type: Acquisition
- Announced: 2018-10-30
- Where: Geleen, Netherlands; Nanjing, China, Netherlands
- Value: $227.0M (200.0M EUR)
- Status: completed
- Products: caprolactam, ammonium sulphate, nylon 6
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [CVC Capital Partners](https://endata.com/companies/226.md) (investor)
- [DSM](https://endata.com/companies/25138.md) (investor)
- [DSM](https://endata.com/companies/25138.md) (partner)
- [Highsun Holdings Group](https://endata.com/companies/31929.md) (acquirer)
- [Fibrant](https://endata.com/companies/31930.md) (target)
- [ChemicaInvest](https://endata.com/companies/35200.md) (partner)

## Sources

- [chemelot.nl](https://www.chemelot.nl/news/shares-fibrant-transferred-to-highsun-holding-group-ltd), 2018-10-30: "By joining a solid and responsible international player in the nylon world, we create continuity for our organization."
- [plasticsandrubberasia.cn](https://www.plasticsandrubberasia.cn/en/news/dsm-completes-sale-of-fibrants-caprolactam-business-to-highsun-indorama-completes-buy-of-tyre-cord-maker/), 2018-11-26: "DSM has completed the sale of Fibrant BV and 60% of the shares of Fibrant China to the Highsun Holdings Group Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
