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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.
Fibrant Holding BV announced the proposed sale of Fibrant BV and 60% of Fibrant China to Highsun Holdings Group Ltd. DSM, which indirectly owns 35% of Fibrant BV, expects to receive about €200 million from the transaction, expected to close in Q3 2018.