Ingevity to acquire Capa caprolactone division of Perstorp for €590M

Ingevity Corporation agreed to acquire the Capa caprolactone division of Perstorp Holding AB for approximately €590 million ($675 million), expected to close late in Q1 2019.

“Ingevity Corporation today announced it has reached an agreement with Perstorp Holding AB to acquire the Capa caprolactone division of Perstorp in a cash transaction valued at approximately €590 million.”ir.ingevity.com

• 2 sources
• ir.ingevity.comIngevity Corporation - Ingevity to acquire CapaTM caprolactone division of Perstorp Holding ABDec 10, 2018
• adhesivesmag.comMergers/Acquisitions - Articles - Page 39 | Adhesives & Sealants IndustryApr 25, 2019

Summarized from public sources; check the original articles before acting on it.