Covestro completes sale of European PU systems house business to H.I.G. Capital

Covestro AG has completed the sale of its European polyurethane systems house business to U.S. private equity firm H.I.G. Capital. The new business, renamed Plixxent, has facilities in the Netherlands, Denmark, Spain, Germany and Italy.

“We have been working for more than four months to carve out the businesses from Covestro.”everchem.com

• 1 source
• everchem.comCovestro Closes Divestiture - Everchem Specialty ChemicalsSimon Robinson Urethanes Technology InternationalNov 7, 2019

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