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Kuraray Acquires U.S. Manufacturer of Polyvinyl Alcohol Film

11:39 AM MDT | June 1, 2012 | —Deepti Ramesh

Kuraray has agreed to acquire MonoSol (Merrillville, IN), a manufacturer of polyvinyl alcohol (PVOH) film, from private equity firm Catteron Partners (Greenwich, CT). Financial details of the deal were not disclosed. MonoSol is a leading manufacturer of PVOH films for industrial applications such as packaging films for unit dose detergent products as well as agchems and dyes, and mold-release films for synthetic marble, Kuraray says. Catteron acquired Monosol in 2007. Morgan Stanley advised MonoSol on the deal. MonoSol, which was established in 1953, has...

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