TITLE

SigmaKalon goes up for sale

AUTHOR(S)
Bains, Elizabeth
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p21
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of U.S.-based Bain Capital to sell paints and coating producer SigmaKalon. SigmaKalon's chief executive officer (CEO) Pierre-Marie De Leener said that a secondary private equity sale or a partial sale to another financial buyer would be the best exit strategy of Bain Capital. It mentions that the opportunity to buy the second-largest coatings supplier to Europe will attract other companies engaged in the coatings industry.
ACCESSION #
25735671

 

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