On Oct. 30, Chemtura Corp. (formerly Crompton), Middlebury, Conn., sold its majority interest in Davis-Standard LLC, Pawcatuck, Conn., to D-S management and private-equity firm Hamilton Robinson, Stamford, Conn.
On Oct. 30, Chemtura Corp. (formerly Crompton), Middlebury, Conn., sold its majority interest in Davis-Standard LLC, Pawcatuck, Conn., to D-S management and private-equity firm Hamilton Robinson, Stamford, Conn. Davis-Standard was a joint venture of Chemtura and Hamilton Robinson since the latter merged its controlling interest in Black Clawson with Davis-Standard 18 months ago. D-S is now about 20% owned by management and 80% by Hamilton Robinson.