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Slide #34. Cabot Corporation — NHUMO
Acquirer:
Cabot Corporation (NYSE:CBT)
Acquiree:
NHUMO
Details:
Cabot Corporation (NYSE:CBT) announced that it has completed its acquisition of the equity stake owned by Grupo Kuo S.A.B. de C.V. (KUOB.MX) in its Mexican carbon black manufacturing joint venture, NHUMO, S.A.de C.V.
Cabot is a global specialty chemicals and performance materials company. Co.'s principal products are reinforcing and specialty carbons, specialty compounds, conductive carbons, carbon nanotubes, fumed metal oxides, inkjet colorants, and aerogel. Co.'s business is organized into two reportable segments: Reinforcement Materials, which includes reinforcing carbons and engineered elastomer composites solutions; and Performance Chemicals, which combines its specialty carbons, battery materials, fumed metal oxides and aerogel product lines into its Performance Additives business as well as combines its specialty compounds and inkjet product lines into its Formulated Solutions business.
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Buy (3.00 out of 4) 31st percentile
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