Cabot Corporation Completes Acquisition of Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation [Yahoo! Finance]
Cabot Corporation (CBT)
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Source: Yahoo! Finance
Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The transaction follows the announcement of a definitive agreement in August and the receipt of required regulatory approvals. Cabot has long supplied Bridgestone with reinforcing carbon products, and this acquisition further strengthens the partnership between the two companies. In addition, this acquisition expands Cabot's global manufacturing footprint and reinforces its position as a leading provider of reinforcing carbons. Strategically located near Cabot's existing facility in Altamira, Mexico, MXCB not only enhances production capacity and operational flexibility but also offers the capability to manufacture a broader range of reinforcing carbon products. This flexibility enables Cabot to better support diverse customer needs and future growth opportunities. “This acquisition represents a significant step forward in our strategy to grow in our core markets. By adding the MXCB facility to our global netwo
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