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Mergers & Acquisitions

Ascensus to buy boron specialist Callery

by Marc S. Reisch
September 14, 2019 | A version of this story appeared in Volume 97, Issue 36
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Ascensus Specialties, which says it is the largest global producer of dry and liquid sodium borohydride, has signed a definitive agreement to acquire Callery, an expert in alcoholates, borane derivatives, and other highly reactive chemistries. The deal will unite Ascensus, once part of Dow and now owned by private equity firm Wind Point Partners, with a former BASF unit now in the hands of another private equity firm, Edgewater Capital Partners. Ascensus says the deal will make it the leading reagents maker supplying pharmaceutical and specialty industrial markets.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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