Cabot Corporation (CBT)
- Business Wire
Cabot Corporation Signs Agreement to Divest Purification Solutions Business
BOSTON, November 26, 2021--Cabot Corporation (NYSE: CBT) announced today that the company entered into an agreement to sell its Purification Solutions business to One Equity Partners, a middle market private equity firm, in a transaction valued at $111 million, subject to certain debt-like and other closing adjustments. Cabot’s Purification Solutions business is a global leader in the research, development, manufacturing, and sale of high-performing activated carbon used in a range of environmen
- Zacks
Cabot (CBT) to Acquire Tokai Carbon Black Plant in China
Cabot (CBT) inks deal to take over Tokai Carbon in order to upgrade the existing technology and boost the capacity of carbon black as it seeks to cater to the demand surge in lithium-ion batteries.
- Business Wire
Cabot Corporation Announces Acquisition of Tokai Carbon (Tianjin) Co., Ltd Carbon Black Plant in China
BOSTON, November 15, 2021--Cabot Corporation (NYSE: CBT) announced that it has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group for $9 million, subject to customary closing adjustments. The carbon black manufacturing facility was commissioned in 2006 and is located in close proximity to Cabot’s current carbon black and specialty compounds facility in Tianjin, China. The acquisition is expected to support the growth of Cabot’s Battery Materials pro
