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
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