Tokai completed the acquisition of COBEX from Triton for $919m.

Tokai Carbon, a company in the production and sale of a broad range of high-quality carbon and graphite products, completed the acquisition of COBEX, a global company in the manufacture of carbon and graphite products from Triton for $919m. “With Triton’s support and thanks to its sector expertise and know-how we have successfully gone to a stand-alone company and were able to foster COBEX’s position as a global market leader at the same time. We welcome Tokai Carbon as a new owner and look forward to a successful future,” Frank Goede and Andrzej Hotlos, COBEX Managing Directors.