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Business

Investor-owned companies combine

by Michael McCoy
April 25, 2016 | APPEARED IN VOLUME 94, ISSUE 17

Valtris Specialty Chemicals, which until 2014 was the polymer additives business of Ferro, has acquired Akcros Chemicals, a polymer additives maker that was once part of AkzoNobel. Valtris is owned by the private equity firm H.I.G. Capital, which has made four chemical acquisitions in the past two years. Akcros had been owned by GIL Investments. H.I.G. says Akcros will boost Valtris’s presence in Europe and add strong R&D capabilities.

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