Cebal goes it alone
The management team of Cebal Aerosols has teamed up with private equity group Natexis Investissement Partners to buy the company from its parent, Alcan.
Alcan says it decided to let the company go as it no longer formed part of its core business. For its part, Cebal says that it will be able to continue its strong growth thanks to anticipated new investments.
The MBO was financed with the help of Société Générale although terms have not been disclosed.