Riverside Polishes Off Capol, Sells to Freudenberg
August 09, 2013
The Riverside Company has sold Capol, a portfolio company since 2009, to Freudenberg Chemical Specialties. Based in Germany, Capol manufactures more than 250 polishing, anti-sticking and release products used by the confectionary, pharmaceutical and agricultural industries. Under Riverside, the company grew revenues and earnings by annual growth rates of 15% and 12%, respectively.