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Chemical Maker CABB Changes Hands Again

by Jean-François Tremblay
April 28, 2014 | A version of this story appeared in Volume 92, Issue 17

European private equity firm Permira has agreed to buy CABB International, a German maker of specialty and custom-synthesized chemicals. The company is a leading supplier of monochloroacetic acid, which it produces in Germany, India, and, soon, China. Spun off from Clariant in 2005, CABB has for the past three years been owned by Bridgepoint Capital, another private equity firm. From 2007 to 2011, it was owned by AXA Private Equity, now known as Ardian.

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