TowerBrook Capital Partners Seeks Exit from PolymerLatex

摘要

Private equity firm TowerBrook Capital Partners (London) is seeking a buyer for PolymerLatex (Marl, Germany). TowerBrook has been the owner of PolymerLatex, Europe's second-largest producer of latex behind BASF, for seven years, a longer-than-average period for a private equity firm to own a business before seeking an exit strategy. An initial document has been sent out to assess potential interest in the asset, and any formal sale process would not start until later this year.