Aristech Acrylics Is Sold To Investors | Chemical & Engineering News
Volume 86 Issue 14 | p. 33 | Concentrates
Issue Date: April 7, 2008

Aristech Acrylics Is Sold To Investors

Department: Business
Monsanto has bioengineered soybeans to resist Roundup.
Credit: Monsanto
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Monsanto has bioengineered soybeans to resist Roundup.
Credit: Monsanto

SK Capital Partners, an affiliate of the merchant bank Valence Group, has acquired Aristech Acrylics from Mitsubishi Corp. With annual sales of about $140 million, Aristech Acrylics is a top supplier of acrylic sheet and solid-surface products for bathroom, countertop, signage, and other applications. This is the first deal for Valence and SK, which were both formed in September 2007. Barry Siadat, a managing director of SK, says his company is seeking further deals. Siadat is a former chemical company executive who was with the private equity firm Arsenal Capital Partners until last fall.

 
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