Sachtleben Chemie GmbH manufactures chemical products. It offers white pigments and functional additives, titanium dioxide, specialty chemicals, copperas/hydrated ferrous sulfate, ferric oxides, ferrous sulfate, zinc/barium additives, zinc sulfide, barium sulfate and lithopone, barytes, extenders, and pharmaceutical substances. The company serves its products in various markets, such as synthetic fibers, coatings and packaging inks, catalysis, cosmetics, pharma and food, paper and film, chromatography, cement and foundries, fertilizer production/animal feed, waste water treatment, ceramic, chromatography, CICP, food, iron and steel industry, man-made fibers, pharma, printing inks, and plasti...
Rockwood Reportedly Cancels TiO2 sale
Jun 24 13
Rockwood Holdings, Inc. (NYSE:ROC) is canceling the auction of Sachtleben Chemie GmbH (TiO2) after negotiations with private equity firms failed, according to a Reuters report. The report says that Rockwood is now considering a spin-off of the two businesses.
Several Companies Reportedly In Talks To Acquire Pigment Business of Rockwood
May 20 13
Rockwood Holdings, Inc. (NYSE:ROC) has attracted interest from several parties for its pigment business. Rockwood Holdings is selling Sachtleben Chemie GmbH with its color additives units and hopes to sell or spin off the businesses by the end of 2013. Rockwood has received interest from The Blackstone Group L.P. (NYSE:BX),Advent International Corporation, Apollo Global Management, LLC (NYSE:APO) (Apollo), Bain Capital, LLC (Bain), Golden Gate Capital (Golden Gate) and Rhône Group LLC, several people familiar with the matter said. The auction for the assets is now in its second round, with meetings with management taking place, the people said. The sources spoke on the condition of anonymity because the process is confidential. Some of the persons spoke on May 20, 2013 and others spoke in recent days. Reuters reported that Rockwood, Blackstone, Apollo, Advent, Golden Gate, bain and Rhône Group declined to comment.