Audax Private Equity has agreed to sell specialty chemical maker Gabriel Performance Products to publicly traded Huntsman Corporation for $250 million in cash. Akron-headquartered Gabriel Performance Products is a maker of specialty additives and epoxy curing agents used in the coatings, adhesives, sealants and composite end-markets. Gabriel operates three manufacturing facilities in Ohio, Pennsylvania and […]
Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired the styrene business unit and other assets of CLP Chemicals. Gemspring acquired Shrieve, a distributor of industrial chemicals, fluids, and specialty lubricants, in December 2019. The company sells more than 700 products sourced from over 600 suppliers and is one of the leading distributors […]
New Mountain Capital has sold Gelest to Mitsubishi Chemical America, the U.S. subsidiary of Mitsubishi Chemical. Gelest is a maker of specialized organo-silicon compounds, metal-organic compounds, and silicone materials that are used in both commercial production, and research and development in the life sciences, medical materials, pharmaceutical, diagnostics and separation science, personal care, and semiconductor […]
H.I.G. Capital has made an investment in USALCO, a provider of specialty chemicals. The investment in USALCO is H.I.G.’s tenth current platform in the chemical sector. USALCO (United States Aluminate Company) is a manufacturer of aluminum-based chemicals – including aluminum sulfate and polyaluminum chloride – that are used in water and wastewater treatment processes; and […]
Mitsubishi Chemical (MCC), through its US subsidiary Mitsubishi Chemical America (MCA), has agreed to acquire Gelest, a portfolio company of New Mountain Capital. Gelest is a maker of specialized organo-silicon compounds, metal-organic compounds, and silicone materials that are used in both commercial production and research and development in the life sciences, medical materials, pharmaceutical, diagnostics […]
Aceto, a maker of specialty materials and a portfolio company of New Mountain Capital, has acquired Syntor Fine Chemicals. Syntor Fine Chemicals is an asset-light manufacturer of fine chemicals, specialty chemicals and other chemical intermediates used in the pharmaceutical, agrochemical, aroma, electronic and polymer industries. The company’s products include organic chemicals and reactive agents including […]
Milliken & Company has agreed to acquire specialty chemicals maker Borchers Group from The Jordan Company (TJC). Borchers, acquired by TJC in January 2017, is a provider of coatings, inks and adhesives that are used in a variety of applications and end markets by more than 1,000 customers. The company’s product portfolio includes cobalt-free driers […]
Gemspring Capital has invested in Shrieve Chemical Company, a distributor of industrial chemicals, performance fluids and specialty lubricants, in partnership with the company’s senior management team. Shrieve Chemical sells more than 700 products sourced from over 600 suppliers and is one of the leading distributors of sulfur and sulfuric acid. The company’s products are sold […]
Ascensus Specialties, a portfolio company of Wind Point Partners, has agreed to acquire specialty chemical company Callery from Edgewater Capital. Callery was formed by Edgewater to acquire the inorganic specialties business of chemical giant BASF in March 2017. BASF acquired the business, then operating as the Callery Chemical division of Mine Safety Appliances Company, in […]
CPS Performance Materials, a portfolio company of Arsenal Capital Partners, has acquired GEO Specialty Chemicals. GEO is a manufacturer of more than 300 specialty chemical products including water treatment chemicals; coating and resin additives; acrylic monomers; dispersants and surfactants (compounds that lower the surface tension between two liquids). The company’s products are used by more […]
