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Mergers & Acquisitions

Innophos CEO exits with sale to private equity

by Alexander H. Tullo
February 15, 2020 | A version of this story appeared in Volume 98, Issue 7

One Rock Capital Partners has completed its $932 million purchase of Innophos, taking the phosphorus chemical maker private. As its first move, the private equity firm installed Richard Hooper as CEO, replacing longtime Innophos head Kim Ann Mink. Hooper recently led Tri-Tex, an adhesive, sealant, and surfactant maker owned by another private equity firm, SK Capital. Mink serves on the boards of Eastman Chemical and PolyOne, and was just nominated for the board of Air Liquide.

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