Edgewater Capital buys Fiber Materials from Brookfield's GrafTech
U.S. private equity firm Edgewater Capital Partners has acquired Fiber Materials Inc from GrafTech International Holdings Ltd, a portfolio company of Brookfield Asset Management's private equity group. The deal's financial terms were not disclosed. Biddeford, Maine-based Fiber Materials is a designer and maker of advanced composite materials used in aerospace, defense and industrial applications. Independence, Ohio's GrafTech, acquired last year by Brookfield Capital Partners IV, said the sale will allow it to focus on its core graphite electrode and related businesses.


