Vantage Specialty Chemicals (Chicago, Illinois) late last week acquired specialty surfactants maker Leuna Tenside GmbH from private equity firms VR Equitypartner (Frankfurt, Germany) and BIP Investment Partners (Luxembourg), the firms say.
Terms of the transaction, including purchase price, were not disclosed. Leuna Tenside is a maker of niche surfactants in the personal care, consumer goods, and industrial markets. It was acquired by private equity from company management in 2015.
Vantage is majority owned by private equity firm H.I.G. Capital (Miami, Florida), which re-acquired it in 2017.
By Vincent Valk
Source: Chemical Week
VEOLIA has agreed a deal to buy its rival Suez, ending a fraught takeover battle that merges the world’s two largest water and wastewater companies.
Borealis Group AG has commenced a new project to secure an increased supply of chemically recycled feedstock for the production of more circular base chemicals and polyolefin-based products.
The call is part of a campaign by Ceres, a nonprofit organization transforming the economy, and the We Mean Business coalition – a global, nonprofit coalition that collaborates with progressive businesses, to bolster action on climate change towards a zero-carbon economy.