By OGJ editors
HOUSTON, Apr. 26 -- Rockwood Specialties Group Inc., Princeton, NJ, plans to create one of the world's largest specialty chemical companies—having a combined revenue of $2.5 billion (2003)—by acquiring the Sachtleben, Chemetall, CeramTec, and DNES Custom Synthesis divisions of Troisdorf, Germany-based Dynamit Nobel, the chemical arm of mg technologies AG, Frankfurt.
Equity for the transaction will be provided by Rockwood's internal resources, its existing majority shareholder Kohlberg Kravis Roberts & Co. LP, and by CSFB Private Equity, the global private equity arm of Credit Suisse First Boston.
Credit Suisse First Boston, Goldman Sachs & Co., and UBS Securities LLC, New York, are arranging financing for the transaction.
