PE-owned Citadel Plastics completes Lucent acquisition

Citadel Plastics, which is owned by HGGC and Charlesbank Capital Partners, said Monday that it has closed its buy of Lucent Polymers. The seller was River Associates Investments. No financial terms were disclosed. Headquartered in Evansville, Indiana, Lucent is a provider of highly engineered compounds that leverage sustainable inputs.

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