PE firm TorQuest to sell chemicals maker Pinova for $417 million
(Reuters) - Canadian private equity firm TorQuest Partners said it would sell specialty chemicals maker Pinova Holdings Inc to German fragrances and flavors maker Symrise AG for $417 million.
The deal will give Symrise access to Pinova Holdings' three manufacturing facilities in the southeastern United States, TorQuest said in a statement on Monday.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Anil D'Silva)
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