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Rockwood Sells Unit

//November 30, 2006//

Rockwood Sells Unit

//November 30, 2006//

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Rockwood Holdings in Princeton, a producer of specialty chemicals and materials, sold its Groupe Novasep subsidiary to private investors. Gilde Buyout Partners BV, Banexi Capital and Groupe Novasep managementRockwood Holdings (NYSE: ROC) in Princeton, a producer of specialty chemicals and materials, sold its Groupe Novasep subsidiary to private investors. Gilde Buyout Partners BV, Banexi Capital and Groupe Novasep management paid about $563 million for the technology company, which specializes in pharmaceutical ingredients, purification processes and chromatography.

Rockwood Holdings owned 78.6% of Groupe Novasep with the rest of the company under Groupe Novasep management. The company, whose shares rose 9 cents to $25.25 this morning, employees about 10,800 people and saw net sales of $3.1 billion in 2005.