Polynt-Reichhold to repurchase Investindustrial's shares; Black Diamond to become controlling shareholder

Speciality Chemicals International Limited, the holding company of Polynt-Reichhold, has agreed to repurchase Investindustrial's shares. Following the transaction, Black Diamond Capital Management will become the controlling shareholder. The deal is valued at approximately EUR 1.3 billion in new debt facilities and is expected to close within six months.

“We are extremely pleased with what management has been able to achieve with Polynt-Reichhold thus far and are looking forward to supporting them for the next phase of growth.”polynt.com

• 1 source
• polynt.comBLACK DIAMOND ANNOUNCES THAT POLYNT-REICHHOLD HAS AGREED TO REPURCHASE INVESTINDUSTRIAL’S SHARES IN THE COMPANY - PolyntSara CitarellaJul 5, 2021

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