06/07/2011

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Aditya Birla Group buys Columbian Chemicals

Under the agreement, Aditya Birla will buy One Equity Partners' equity in Columbian Chemicals through its associates Alexandria Carbon Black Co., Thai Carbon Black Co. Ltd., and SKI Investment. According to Aditya Birla, the acquisition makes its division Birla Carbon a leading global manufacturer of carbon black by raising its annual production to 2 million t. Aditya Birla's carbon black operations span four countries with six manufacturing plants. Columbian Chemicals operates 11 plants in nine countries. The transaction is expected to close in the second half of 2011.

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