COBEX sold to Tokai Carbon
July 29, 2019
COBEX – Wiesbaden (Germany), 29 July 2019 – Funds advised by Triton (“Triton”) have completed the sale of COBEX. Triton acquired COBEX, the former Cathodes, Furnace Linings and Carbon Electrodes business of SGL Group in 2017.
We are a global leader in the manufacture and supply of carbon and graphite products used in the primary aluminium, iron making industry and other metallurgical processes.
Tokai Carbon Co., Ltd. (“Tokai Carbon”), a pioneer in the Japanese carbon products industry, acquired COBEX for an Enterprise Value of EUR 825 million.
About “Tokai Carbon”
Founded in 1918, Tokai Carbon has for over 100 years been the market leader in the production and sale of a broad range of high-quality carbon and graphite products servicing numerous global customers in a wide range of industries such as steel, autos, semiconductors, and electric components. We maintain a global network of 42 business locations across 10 countries.
“Tokai Carbon” Website: https://www.tokaicarbon.co.jp/en