Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Fine Industries sold to Chinese buyer

by Alex Scott
March 13, 2017 | A version of this story appeared in Volume 95, Issue 11

The private equity firm Northedge Capital has sold the Middlesbrough, England-based fine chemicals firm Fine Industries to China’s Lianhe Chemical Technology for an undisclosed sum. With 220 employees, Fine Industries had sales last year of $63 million and pretax profits of $12 million. It manufactures intermediates and active ingredients for pesticide and pharmaceutical customers along with a suite of specialty chemicals. Fine Industries was acquired by Degussa in 2001 before being sold to management in 2008 and then to Northedge in 2013.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.