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This is an archive article published on June 23, 2011

Carlyle invests $25 mn in India’s Visen

Visen Industries Ltd is a maker of water-based polymer emulsions.

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Private equity firm Carlyle Group said on Thurdsay it had invested $25 million in India’s Visen Industries Ltd,a maker of water-based polymer emulsions.

Visen makes polymers used in paints,textiles,adhesives and construction.

Carlyle’s investment is from its $1.0 billion fund,Carlyle Asia Growth Partners IV (CAGP IV).

CAGPIV invests in high growth companies in key Asian markets such as India,China and Korea.

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