Industry News, Mergers and Acquisitions, Suppliers News

Perstorp Sells Capa Business to Ingevity

Ingevity purchased the business for approximately €590 million.

Author Image

By: Anthony Locicero

Copy editor, New York Post

Perstorp agreed to sell Capa, its caprolactone business, including the production site in Warrington, to Ingevity for approximately €590 million. The business has annual revenues of approximately €150 million. Under Perstorp’s leadership during the last 10 years, Capa’s operating margins have increased by almost 50% by investing in production and new product lines, which in turn have increased both the customer base and the geographic reach.     Ingevity will acquire Perstorp UK Ltd i...

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