CVC Weighs Bid for $3 Billion Chemical Maker Synthomer

  • Buyout firm approached Synthomer to gauge its interest in deal
  • Synthomer rides booming demand for latex in medical gloves
Lock
This article is for subscribers only.

CVC Capital Partners has been exploring a bid for U.K. chemical producer Synthomer Plc, people with knowledge of the matter said.

The private equity firm made an initial approach to London-listed Synthomer to gauge its interest in a deal, according to the people, who asked not to be identified because the information is private. The two parties aren’t currently holding any negotiations, one of the people said.