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Mergers & Acquisitions
H.I.G. Capital buys Canada’s Recochem
by Marc S. Reisch
September 14, 2018
| A version of this story appeared in
Volume 96, Issue 37
Private equity firm H.I.G. Capital has acquired the Canadian chemical maker Recochem from another private equity player, Swander Pace Capital, for an undisclosed sum. With annual revenues of $385 million, Recochem manufactures industrial chemicals including naphthalene, dichlorobenzene, and solvents. It also holds licenses to make and distribute household and transportation products, including Liquid-Plumr, STP, and Windex. In August, H.I.G.’s Valtris Specialty Chemicals unit bought Ineos’s chlorotoluenes and additives business.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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