The proposed transaction values DRT at approximately €1 billion (~ $1.2 billion).
December 7, 2017
Ardian recently announced it has entered into exclusivity with some family shareholders and Tikehau Capital (TKO) to acquire a controlling stake into Les Dérivés Résiniques et Terpéniques (DRT).
The Singapore location will not only serve as an Advanced Manufacturing Site and Technology Center, but also a Regional Logistics hub and Shared Service Center for finance and HR activities.
November 29, 2017
Michelman announced a capacity expansion of its manufacturing facilities.