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Business
Two firms get new private owners
by Marc S. Reisch
October 17, 2016
| A version of this story appeared in
Volume 94, Issue 41
Two chemical firms are being sold to new private equity buyers. Equistone Partners Europe has acquired a majority stake in United Initiators, a maker of organic peroxides and sulfates, from Vision Capital and Speyside Equity for an undisclosed sum. Speyside acquired United Initiators, which has annual sales of $260 million, from Evonik Industries in 2008. Separately, American Securities has agreed to buy Chromaflo Technologies from Arsenal Capital Partners and Nordic Capital. Chromaflo makes colorants and pigment dispersions for coatings and composites.
The power is now in your (nitrile gloved) hands
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