Global private equity investor Advent International (Advent) is to sell allnex Holding GmbH (allnex) to Netherlands-based PTTGC International (Netherlands) BV, a wholly owned subsidiary of Bangkok-based PTT Global Chemical Public Company Limited (PTTGC).  The transaction values allnex at an Enterprise Value of approximately EUR4bn which equates to about 12.2x LTM

Graphite Capital, a UK mid-market private equity specialist, has agreed to sell U-POL, a manufacturer and distributor of automotive repair and refinishing products, to Axalta Coating Systems.  Headquartered in Philadelphia, United States, Axalta is a global manufacturer and distributor of coatings and the leader in the premium automotive refinish segment.

An affiliate of HIG Capital (HIG) is to sell its German portfolio company WERU Group (WERU) to DOVISTA A/S, a North European solution provider of vertical windows and exterior doors.  The transaction is subject to clearance by the relevant antitrust authorities. WERU, a leading manufacturer of PVC windows and doors