Columbian ownership changes hands

Dawson, Brad
January 2009
Rubber & Plastics News;1/26/2009, Vol. 38 Issue 13, p3
Trade Publication
The article reports that a minority stakeholder of Columbian Chemicals Co. has reached an agreement to become the business' sole owner. Columbian also disclosed it is closing one of its European plants in early 2009 amid lower demand in the market. The company has announced that One Equity Partners LLC will purchase a 66.75-percent stake in Columbian from DC Chemical Co. Ltd. for an undisclosed sum.


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