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Rockwood Holdings Plans to Sell Ceramic Materials Unit
Feb. 08, 2013 06:37PM PST
Battery Metals InvestingBloomberg 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.
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.
