Yule Catto buys PolymerLatex

ERJ staff report (DS)

London -- Yule Catto & Co plc has agreed to acquire PolymerLatex from TowerBrook Capital

Partners. The transaction, which is subject to the necessary regulatory and shareholder

approvals, is expected to be completed during Q2,2011.

Yule Catto is already the owner of the Synthomer polymers business, and this acquisition

will bring together two well established companies with a combined turnover of

approximately £800 Million and employing more than 2000 people. Synthomer and

PolymerLatex are important suppliers of emulsion polymers, which are used to manufacture

a wide range of everyday products including paints and coatings; adhesives; construction

products; synthetic latex gloves; paper and textiles; floor coverings and PVC.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from Yule Catto