02.11.2016 17:30:00
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Arkema Finalizes the Divestment of its Activated Carbon and Filter Aid business
Regulatory News:
With around €93 million sales, Arkema’s (Paris:AKE) Activated Carbon and Filter Aid business employs over 300 people, who will now be joining the American group Calgon Carbon, a leader in activated carbon and in purification and filtration solutions.
With this divestment concluded for a €145 million enterprise value (9.5 x Ebitda), Arkema actively continues the Group’s refocusing on its core businesses, after finalizing the divestment of Sunclear in November 2015, which represented sales of some €180 million.
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €7.7 billion in 2015, we employ approximately 19,000 people worldwide and operate in close to 50 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. For the latest, visit www.arkema.com
Arkema
420, rue d’Estienne d’Orves – F-92705 Colombes Cedex
– France
Tél. : +33 1 49 00 80 80 – Fax : +33 1 49 00 83 96
Société
anonyme au capital de 754 701 730 euros – 445 074 685 RCS Nanterre
arkema.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20161102005934/en/
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