During the period of TowerBrook Fund I’s investment, PolymerLatex GmbH was a latex producer in Europe, selling its products to end-users in the paper, carpet, foam, textile, construction, adhesives and glove industries. The company’s main production facilities were in Marl (Germany); other production sites included Worms (Germany), Filago (Italy), Johor Bahru (Malaysia), and a 50:50 joint venture with Akzo Nobel NV in Oulu (Finland). TowerBrook exited its investment in 2011 via the sale of PolymerLatex to Yule Catto, a UK-based chemicals conglomerate.