Avantor to merge with NuSil | Chemical & Engineering News
Volume 94 Issue 35 | p. 17 | Concentrates
Issue Date: September 5, 2016

Avantor to merge with NuSil

Department: Business
Keywords: specialty chemicals, silicones, mergers

Avantor Performance Materials and NuSil Technology, both majority-owned by the investment firm New Mountain Capital, plan to merge into a new company with annual sales of more than $700 million. Avantor makes high-purity chemicals for laboratory and other applications. NuSil produces medical- and space-grade silicones. New Mountain Managing Director Matthew Holt says the combined company will have strong positions in bioprocessing and biomaterials and will increase sales by 14% annually. New Mountain bought into Avantor in 2010 and NuSil in 2011.

 
Chemical & Engineering News
ISSN 0009-2347
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