Announced

Completed

Birla Carbon completed the acquisition of Nanocyl.

Synopsis

Birla Carbon, a manufacturer and supplier of high-quality carbon solutions, completed the acquisition of Nanocyl, a worldwide provider of multi-wall carbon nanotubes. Financial terms were not disclosed. “We are proud of our journey to develop and commercialize MWCNT’s successfully over the past 20 years as an entrepreneurial start-up, with the support of our current partners and investors. However, with growing needs for our products, the time has come to join a Global industry leader in order to maximize the synergies and the potential of these materials across many end uses. Birla Carbon’s R&D expertise, portfolio of products, and market experience will enable Nanocyl and our products to reach their full growth potential,” Laurent Kosbach, Nanocyl CEO.

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