Edgewater buys a pair of firms | Chemical & Engineering News
Volume 94 Issue 49 | p. 18 | Concentrates
Issue Date: December 19, 2016

Edgewater buys a pair of firms

Department: Business
Keywords: specialty chemicals, DanChem, custom manufacturing

Following on plans to purchase BASF’s inorganic specialties business, the private equity firm Edgewater Capital Partners is buying two specialty chemical businesses. From Ensign-Bickford Industries, it is getting DanChem Technologies, a Danville, Va.-based contract manufacturer that boasts the sector’s largest fleet of horizontal reactors, used in difficult and hazardous reactions. And an Edgewater-owned company, FAR Chemical, has acquired the acetylacetonate business of Mackenzie Chemicals. Mackenzie has been making acetylacetonates, used as catalysts, curing agents, and urethane crosslinkers, in Bush, La., since 1977.

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