Issue Date: December 3, 2012
France’s Minafin Gets Pressure Chemical
Minafin, a French fine chemicals company, has acquired the Pittsburgh-based custom manufacturer Pressure Chemical for an undisclosed sum. Lawrence Rosen, previously the controlling shareholder of Pressure, remains a minority shareholder of the firm and a member of its board. Minafin says it was attracted to Pressure by its expertise in process scale-up, high-pressure chemistry, and niche polymers. Minafin notes that the deal follows its recent formation of a sulfur chemistry partnership, Minathiol, with France’s Total.
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