Rockwood Sells to Gilde

Rockwood Holdings Inc. (NYSE: ROC) has agreed to sell its Groupe Novasep subsidiary to a consortium that includes Gilde Buyout Partners BV, Banexi Capital and Groupe Novasep management. The deal values Groupe Novasep at approximately Euro 425 million, and is expected to close within 60 days. Groupe Novasep specializes in the production of active pharmaceutical ingredients, developing new purification processes and large-scale chromatography.