Rockwood Holdings Plans to Sell Ceramic Materials Unit

Bloomberg reported that the world’s largest lithium products producer, Rockwood Holdings Inc., is considering the sale of a ceramic materials unit CeramTec, which gives the company an annual revenue of $550 million.

As quoted in the market news:

CeramTec may be valued at about $1 billion based on the average multiple paid in ceramic products deals in North America and western Europe in the last five years.

Click here to read the full Bloomberg report.

Get the Latest Lithium Investing Stock Information

Get the latest information about companies associated with Lithium Investing delivered directly to your inbox.

Lithium

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2Get the top stories on resource investing FREE! Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.
Comments

Leave a Reply