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Candover buys Belgian film company for E320m

21/07/2004Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityEuropean private equity firm Candover has acquired Belgium's speciality film manufacturing business UCB Group for E320m.

UCB is a manufacturer of specialist orientated polypropylene and cellulose films. The company generated total sales of E362m in 2003.

'UCB's films business is well positioned in growing markets and has benefited from a long history of world class research and development,' said Julian Delano, a director of Candover.

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