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KPS Capital Partners announced the formation of Alta Performance Materials and completed the acquisition of INEOS Composites on March 31, 2025.
INEOS Enterprises entered into an agreement to sell its INEOS Composites business to KPS Capital Partners for an estimated consideration of approximately €1.7 billion. The business has combined sales of over €800 million per year and employs about 900 people across 17 sites and 3 technology centres.