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Evonik Successfully Closes Divestment of Its Carbon Black Business

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik Industries successfully completed the divestment of its carbon black activities on July 29, 2011. The new owners are the investors Rhône Capital and Triton Partners. Including the assumption of certain obligations, the transaction is valued at more than €900 million. The carbon black business generated sales of approximately €1.2 billion in fiscal 2010. The business has been acquired intact as a whole, with its approximately 1,650 employees, about 500 of whom are based in Germany. Evon...

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