Adcuram Acquires SGL Carbon's Surface Protection Business
Adcuram Industriekapital AG will acquire SGL Carbon's surface protection business as of January 6, 2005.
The surface protection business of the SGL Carbon Group has been under the responsibility of SGL Acotec GmbH, a specialist in coatings, rubber linings, acid-resistant brick linings, floor coverings, pipelines, vessels, and equipment made of plastic. The company holds a leading position worldwide in industrial corrosion protection. The surface protection business achieved in 2004 a turnover of 120 Mio. EUR with approx. 1.400 employees.
As already been reported in conjunction with its intention to focus on core businesses, SGL Carbon has been looking into divestiture possibilities since the middle of last year with the assistance of the investment bank Sal. Oppenheim.
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