Dolan Holding GmbH, a company owned by funds managed by Alpina Partners and Dr. Jan Verdenhalven have sold European Carbon Fiber GmbH, a German producer of high-quality precursor for large-tow (50K) polyacrylonitrile-based (PAN-based) carbon fibers, to Solvay. The parties agreed not to disclose the transaction terms.
In April 2015, Alpina and Dr. Jan Verdenhalven acquired ECF from the Lenzing Group via a holding company together with Dolan GmbH, a leading producer of spun-dyed acrylic fibers. Dolan is not part of the transaction.