Perstorp Agrees To Sell Caprolactone Business To Ingevity

Dec. 11, 2018
The sale includes the production site in Warrington, England.

Specialty chemicals company Perstorp agrees to sell Capa, its caprolactone business, including the production site in Warrington, to Ingevity for approximately €590 million. The business has annual revenues of approximately €150 million, according to the company.

Under Perstorp’s leadership during the last 10 years, Capa’s operating margins have reportedly increased by almost 50% by investing in production and new product lines, which in turn have increased both the customer base and the geographic reach. Ingevity will acquire Perstorp UK Ltd including Perstorp’s entire caprolactone business. The sale of Capa will reportedly enable the Perstorp Group to focus its business opportunities and future growth prospects on its polyol, oxo and feed businesses.

The transaction is subject to certain regulatory approvals and other customary closing conditions, and Perstorp expects to close the transaction in the first quarter of 2019.

For more information, visit:

Sponsored Recommendations

Keys to Improving Safety in Chemical Processes (PDF)

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...

Managing and Reducing Methane Emission in Upstream Oil & Gas

Measurement Instrumentation for reducing emissions, improving efficiency and ensuring safety.

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.