BFGoodrich Announces Deal to Sell Chemicals Business
BFGoodrich announced an agreement to sell its performance materials business to an investor group for about $1.4 billion in cash and debt.
CHARLOTTE, NC — BFGoodrich Co. announced an agreement to sell its performance materials business to an investor group for about $1.4 billion in cash and debt, completing its transformation from a chemicals and tire maker to an aerospace and industrial products company.
CHARLOTTE, NC — BFGoodrich Co. announced an agreement to sell its performance materials business to an investor group for about $1.4 billion in cash and debt, completing its transformation from a chemicals and tire maker to an aerospace and industrial products company.
The purchasing group is led by the private-equity firm AEA Investors Inc. Goodrich’s performance materials business is a supplier of specialty plastics and polymers, including additives, resins, and emulsions for coatings.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
