Jul 11, 2007. /Lesprom Network/. The Finnish adhesive resin producer Dynea announced on July 11, 2007 the closing of the sale of its North American operations to Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan. The value of the transaction was $ 350 million. “This divestment gives Dynea the resources to focus on our strategy to expand in key growth markets in Eastern Europe and the Asia Pacific region,” says Roger Carlstedt, president and CEO of Dynea. Dynea North America has operations in Canada, Mexico and the United States, and is one of the three major producers of resins and overlays products to the industry in the region. Dynea is an international leader in creating high value adhesion and surfacing solutions for the wood processing and construction industry as well as for selected industrial applications. Today, after divesting its North American operations, Dynea has forty production units and some 2 00 employees in 23 countries in Europe, the Asia Pacific region and South America. Dynea is controlled by the European private equity firm Industri Kapital’s 1997 and 2000 funds.