Yule Catto Buys PolymerLatex from TowerBrook Capital

UK-based Yule Catto has agreed to acquire Germany’s PolymerLatex from TowerBrook Capital Partners. The transaction, which is subject to the necessary regulatory and shareholder approvals, is expected to be completed during the second quarter of 2011.


Yule Catto is already the owner of the Synthomer polymers business, and this acquisition will bring together two well established companies with a combined turnover of approximately £800m and employing more than 2,000.

Synthomer and PolymerLatex are important suppliers of emulsion polymers, which are used to manufacture a wide range of products including paints and coatings, adhesives, construction products, synthetic latex gloves, paper and textiles, floor coverings and PVC.

Yule Catto also owns Revertex Malaysia Sdn. Bhd., the leading Malaysian manufacturer of Natural Rubber latex compounds, water-based emulsion polymers and synthetic resins.