H.I.G. buys Vantage Specialty again | October 2, 2017 Issue - Vol. 95 Issue 39 | Chemical & Engineering News
Volume 95 Issue 39 | p. 14 | Concentrates
Issue Date: October 2, 2017

H.I.G. buys Vantage Specialty again

Department: Business
Keywords: Mergers & acquisitions, oleochemicals, Vantage Specialty Chemicals

Private equity firm H.I.G. Capital sold oleochemicals maker Vantage Specialty Chemicals in 2012, and now is buying it back. Industry sources put the purchase price at $1 billion. H.I.G. first bought the former U.S. oleochemicals business of Croda International for $90 million in 2008 and made several additions to it, including personal care ingredients maker Lipo Chemicals, before selling it to the Jordan Co., another private equity firm. Jordan will retain a minority position in Vantage.

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ISSN 0009-2347
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