CABB Group has signed a definitive agreement to sell its US-based subsidiary Jayhawk Fine Chemicals to Anupam Rasayan, marking Anupam’s entry into US manufacturing and supporting CABB’s strategic focus on pharma.
The fate of the agrochemical innovation, development, product launch and production are strongly linked to the parallel development of the fine chemicals and custom manufacturing industry.
With some 1,000 employees and five production sites in Europe and Asia, the CABB Group is a leading global manufacturer of chemical intermediates and finished products.
Effective April 1, 2015, Peter Vanacker will succeed Dr. Martin Wienkenhöver as CEO of CABB, a leading global fine chemicals manufacturer.
Germany's CABB and Jining Gold Power from Shandong province agreed to establish a joint venture for the production and marketing of high quality monochloroacetic acid (MCA) in Jining, Shandong province in the People's Republic of China.
CABB, a German provider of chemical building blocks, fine and specialty chemicals and custom manufacturing solutions, has acquired KemFine Group through its Swiss subsidiary AXCABB for an estimated €140 million, according to a person with knowledge of the deal.
