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Evonik Industries AG Rellinghauser Straße 1-11 45128 Essen, Germany http://www.evonik.com
Contact Ms Anja Habisch +49 201 1773002
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Evonik Industries AG

Evonik Announces Sale of its Global Colorants business - Purchase agreement signed

(PresseBox) (Essen, )
Evonik Industries announced today that it has entered into an agreement to sell its global colorants business to the U.S. private investment firm Arsenal Capital Partners. It was agreed not to disclose the financial terms.

The transaction is expected to be closed in April 2012 following the approval of Evonik's Supervisory Board and the relevant regulatory authorities.

"In our view, the divestment to Arsenal opens up promising development opportunities for this business. We are placing it in good hands and are very pleased with the transaction," commented Dr. Thomas Haeberle, member of Evonik's Executive Board and responsible for the Resource Ugdxakalps jbiivyf, vt stymn dwv luyecodlg pvijlxzf jf arlsdmuq.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.