Trinseo will buy acrylic sheet firm Aristech Surfaces

Trinseo has agreed to acquire Aristech Surfaces, a producer of polymethyl methacrylate (PMMA) sheet, for $445 million from Falcon Private Holdings. The deal follows Trinseo’s purchase, completed in May, of Arkema’s PMMA resin business for $1.4 billion. That purchase was meant to make Trinseo less reliant on styrenic resins. Aristech makes acrylic sheet used in products such as hot tubs, countertops, signs, and recreational vehicles. Falcon is the private investment arm of Jamshid Keynejad and Barry Siadat, who are both managing directors of the private equity firm SK Capital Partners.