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Proposed acquisition of

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Proposed acquisition of
UCB Group’s film business
The global packaging and labeling film business of Surface Specialties UCB is set to be bought for $396 million by a consortium led by the former managing director of Hays Chemical Distribution, Dennis Matthewman, who will chair the new company, and Candover Partners Ltd.
The company, which has its U.S. head office in Atlanta, GA and a cellophane production site at Tecumseh, KS, has been part of the Belgian UCB Group for more than 30 years.

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