Business Wire

CA-OPENGATE-CAPITAL

Del

OpenGate Capital Enters Exclusive Discussions with Saint-Gobain S.A. for the Acquisition of its Silicon Carbide Division

OpenGate Capital , a global private equity firm, announced today that it has entered into exclusive discussions to acquire the silicon carbide division of Saint-Gobain S.A. (EPA: SGO). The transaction is anticipated to be formally signed and completed in the first half of 2019. Financial terms were not disclosed.

The silicon carbide division has a global manufacturing footprint with sites across Norway, Belgium, Brazil and Venezuela. The business produces metallurgical feedstock, refractory materials abrasive grains, and products used in technical ceramics.

About OpenGate Capital

OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation and growth. Established in 2005, OpenGate Capital is headquartered in Los Angeles, California with a European office in Paris, France. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build and scale successful businesses. To date, OpenGate Capital, through its legacy and fund investments, has executed more than 30 acquisitions including corporate carve-outs, management buy-outs, special situations and transactions with private sellers across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com .

Contact:

OpenGate Media Contacts Alanna Chaffin Email: achaffin@opengatecapital.com Telephone: +1 (310) 432-7000

Mike Sitrick Sitrick & Company Email: Mike_Sitrick@sitrick.com Telephone: (310) 788-2850

OpenGate Business Development Contact Joshua Adams Email: jadams@opengatecapital.com Telephone: +1 (310) 432-7000

Link:

ClickThru

Information om Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com