People & Business :: M&A
US petroleum coke firm acquires Rütgers
2:07 PM MST | January 7, 2013 | Ian Young
Rain CII Carbon (Kingwood, TX) says it has acquired Rütgers (Zelzate, Belgium), a producer of coal tar pitch and coal tar–based chemicals, from private equity firm Triton for a gross enterprise value of €702 million ($921 million) plus certain contingent payments not exceeding €27 million during the next 3 years. Rütgers achieved revenues of €877 million and reported Ebitda of €103 million in the year ended 30 September 2012. The company produces coal tar pitch, and a range of basic and specialty chemicals, at eight...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee