Fibrant continues business activities of DSM Caprolactam

1/18/2016

Fibrant confirms that effective today the business activities previously known as DSM Caprolactam have been renamed Fibrant. The intended name change was announced on December 3rd 2015, following the completion of a Joint Venture transaction between CVC Capital Partners (65%) and DSM (35%), to acquire DSM’s global caprolactam activities.

Fibrant provides further information on its organization and activities on its new website www.fibrant52.com, which has been launched today.

Since 1952 Fibrant led the world in the development of caprolactam technology and process improvement. With this new name and visual identity, Fibrant pays homage to its heritage serving the nylon industry and the fibers market. The name reflects the vibrant future and the chemistry between Fibrant and its partners.

Mr. Pol Deturck, CEO comments: “It is an honor and a pleasure to be able to announce the official launch of our new name Fibrant. Every day Fibrant employees will do their utmost to enable our customer’s success in their respective businesses. We are excited to continue to serve our customers under the new name and build further on our heritage as a premium supplier.”

About Fibrant
Fibrant is a global producer and supplier of high quality products and services. Headquartered in Geleen, the Netherlands, it aims to be the undisputed market leader in caprolactam and its by-products. Employing more than 1,200 people across 3 continents, it has production facilities in Europe, China and the U.S. Managed by industry experts, it operates both safely and reliably, aspiring to bring sustainable value to all its customers and stakeholders. Founded in 2015 as an offshoot of DSM, it was formerly fully owned by DSM and known as DSM Caprolactam and operates now as a Joint Venture with CVC Capital.

About CVC
CVC Capital Partners (‘CVC’) is one of the world’s leading private equity and investment advisory firms. Founded in 1981, the CVC Group today employs some 300 people throughout Europe, Asia and the US. The CVC team's local knowledge and extensive contacts underpin a proven track record of over 30 years of investment success.