Cytec Industries Inc. has reached an agreement to sell its Coating Resins business to Advent International, a global private equity firm, for $1,032 million plus assumed liabilities of $118 million, bringing the total value to $1,150 million.
H.B. Fuller Co. has completed the sale of its Central America Paints business to Compania Global de Pinturas S.A. (Pintuco), a company of Grupo Mundial, for $120 million.
Cytec Industries Inc. has initiated a formal sale process for its Coating Resins business. Cytec's target is to complete a transaction by the end of the year.
H.B. Fuller Co. has signed an agreement to sell its Central American paints business to Compania Global de Pinturas S.A. (Pintuco), a Grupo Mundial company.
Arkema Coating Resins, a business unit of Arkema, has announced the sale of the Peninsula Polymers business, a national distributor of coatings raw materials headquartered in North Kansas City, MO.