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Covalence Specialty Materials Corp. Launched as Independent Private Company; $1.7 Billion Business is a Leading Producer of Plastics and Adhesives.

Publication: Business Wire
Publication Date: 16-FEB-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Covalence Specialty Materials Corp. Launched as Independent Private Company; $1.7 Billion Business is a Leading Producer of Plastics and Adhesives.(Company Profile)

Article Excerpt
PRINCETON, N.J. -- Covalence Specialty Materials Corp., a business with $1.7 billion in revenues, formerly the Plastics and Adhesives operation of Tyco International, today joined the ranks of the nation's independent, private companies.

The occasion was marked by completion of the purchase of Covalence in a $975 million transaction, by Apollo Management L.P., one of the nation's leading private equity firms. Mr. Terry A. Sutter, former president of the predecessor business, Tyco Plastics & Adhesives and former president of the Specialty Chemical Division of Cytec...

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