Clariant (www.clariant.com), Charlotte, NC, has sold its specialty silicones buisness, including its Gainesville, FL, facility, to SiVance LLC, an affiliate of New York-based GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies.Clariant Clariant (SWX: [1]) is a Swiss speciality chemical company which was formed in 1995 as a spin off from Sandoz. The company expanded by the incorporation of the speciality chemicals business of Hoechst (Germany) in 1997 and the acquisition of BTP plc (UK) in 2000. (www.clariant.com), Charlotte, NC, has sold its specialty silicones buisness, including its Gainesville Gainesville. 1 City (1990 pop. 84,770), seat of Alachua co., N central Fla.; inc. 1869. The Univ. of Florida is a major source of employment in the city. Agriculture and the manufacture of electronic equipment add to the economy. , FL, facility, to SiVance LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an affiliate of New York-based GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies. Financial terms of the transaction were not disclosed. |
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