OpenGate Capital to acquire Silicon Carbide Division from Saint-Gobain.

OpenGate Capital, private equity firm, to acquire Silicon Carbide Division from Saint-Gobain, building materials company. Financial terms were not disclosed. “The transaction with Saint-Gobain reflects OpenGate’s strategy to acquire businesses that will benefit from a new owner who collaborates with management to drive the next era of growth.” Fabien Marcantetti OpenGate Managing Director.