Announced
Completed
Financials
Sources
Tags
Single Bidder
Majority
Private
manufacturing
Private Equity
Completed
Friendly
United States
industrial
Diversified Industrials
Acquisition
Domestic
Synopsis
Mill Rock Capital, a private equity firm, completed the acquisition of Asbury Carbons, a high-quality graphite, cokes, carbon materials and engineered solutions provider. Financial terms were not disclosed. "Mill Rock is the ideal partner for the success of the Asbury organization, our people and our customers. Their ongoing investment and additional resources will support our unwavering commitment to provide our customers with the same high quality, bespoke products they've counted on for the last 128 years, while developing new advanced materials and additive solutions for next generation challenges. Our industry is entering a growth phase in which differentiated graphite applications are in high demand, and Asbury is optimally suited to meet those needs," Noah Nichelson, Mill Rock President.
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