Unilever Ventures and FF&P Private Equity, the private equity arm of Fleming Family & Partners, have realised their investment in BAC. The business has been sold to Life Technologies Corporation. BAC is a developer of affinity ligands and affinity purification products.
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Publicly traded OM Group has acquired Rahu Catalytics from Unilever Ventures, the European venture capital arm of Unilever. Terms of the deal were not released. Rahu is a developer of iron-ligand based chemistry for use in environmentally friendly coatings, composites and inks.