Consortium sell stake in Cognis

The transaction is subject to normal closing conditions and is expected to be formally completed by November 2010. Cognis is a supplier of specialty chemicals and nutritional ingredients. The company recorded a turnover of €2.6bn and an adjusted EBITDA of €364m in 2009. It employs about 5,500 and has an enterprise value of €3.1bn.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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