# Ingevity to acquire Capa from Perstorp for $675M

Ingevity Corp. announced it will pay $675 million to acquire Capa, a UK-based caprolactone business, from Sweden's Perstorp Holding AB. The sale is scheduled to close by March 31, 2019.

- Type: Acquisition
- Announced: 2018-12-10
- Where: England, United Kingdom
- Value: $675.0M
- Jobs: 90
- Status: announced
- Products: caprolactone, adhesives, bioplastics, coatings, elastomers, resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ingevity](https://endata.com/companies/21460.md) (acquirer)
- [Perstorp](https://endata.com/companies/21777.md) (target)
- [Capa](https://endata.com/companies/36046.md) (target)

## Sources

- [postandcourier.com](https://www.postandcourier.com/business/north-charleston-chemical-maker-strikes-675m-uk-deal/article_9e4dc668-fcad-11e8-acac-c3eae25265cf.html), 2018-12-11: "Capa will provide a broader ... technology and product portfolio from which to grow."
- [postandcourier.com](https://www.postandcourier.com/business/north-charleston-chemical-maker-strikes-m-uk-deal/article_9e4dc668-fcad-11e8-acac-c3eae25265cf.html), 2018-12-11: "Capa will provide a broader ... technology and product portfolio from which to grow."
- [fuelsandlubes.com](https://www.fuelsandlubes.com/perstorp-sell-capa-caprolactone-business-ingevity/), 2018-12-20: "This sale realizes the significant value of the asset, simplifies Perstorp Group, strengthens our balance sheet and allows us to focus our future investment and innovation in attractive high growth segments."

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