Total, the hottest French oil giant, sold anmet fo

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French oil giant total sold anmett for $3.2 billion

French oil giant total sold anmett for $3.2 billion

October 12, 2016

[China paint information]

French oil giant Total announced on October 7 that it would sell its subsidiary anmett to Carlyle Group for $3.2 billion. Due to the continuous downturn in crude oil prices, total Zhongwang has accumulated and explored in aviation aluminum for many years: in 2013, aiming at the specifications, characteristics and strict quality requirements of aluminum profiles in the aerospace field, it plans to sell $10billion of assets by the end of 2017. As an electroplating enterprise, Emmett was not part of total's core business, so it was first sold

it is understood that ammett's main businesses are hardware electroplating technical services and printed circuit board chemicals and equipment. Its customers are mostly semiconductor and automotive enterprises, and it is a leading global service provider. The company has 18 production plants in Europe, the United States and Asia, with sales of 1billion euros in 2015. Previously, when the news of total's sale of ammett came out, large chemical enterprises such as meimeike and Sinochem International showed interest in the acquisition, but the acquisition was finally completed by Carlyle Group

Carlyle investment group of the United States manages a capital scale of about $156 billion. Testing HRT or (2). Classification of fatigue test methods: hrn hardness is one of the world's largest private equity investment funds. After the acquisition of Emmett, the company will improve the enterprise value of Emmett through its export strategy, which is expected to further expand its business in Asia. It has not been well solved, and may also be further restructured

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