Acquisition Unites Peroxide Producers | Chemical & Engineering News
Volume 90 Issue 34 | p. 14 | Concentrates
Issue Date: August 20, 2012

Acquisition Unites Peroxide Producers

Department: Business
Keywords: organic peroxides, acquisition, private equity

United Initiators has acquired Syrgis Performance Initiators from Syrgis Performance Products for an undisclosed sum. United and SPI are private-equity-backed firms that produce organic peroxides used in polymer manufacturing and other applications. SPI had sales last year of about $50 million. United Initiators, a German company that was once part of Degussa, says the acquisition will bring its annual sales to more than $250 million. Dave Lamb, an executive with Vision Capital, United’s main owner, says his firm invested in United last year with an eye to consolidation in the organic peroxide sector.

Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment