Industry News

Apollo Management Agrees to Buy Eastman Chemicals’ CASPI Line, Including Eastman Resins

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Apollo Management, L.P., a private investment firm, and Eastman Chemical Company announced June 1 they have signed an agreement for Apollo to acquire certain businesses and product lines in Eastman’s coatings, adhesives, specialty polymers and inks (CASPI) segment, including Eastman Resins, formerly Lawter International. The acquisition, with a purchase price of $215 million, is subject to regulatory approval and other customary closing conditions. The companies anticipate a closing by the end o...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters