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Specialty Chemicals

Italmatch buys BWA Water Additives

by Marc S. Reisch
December 16, 2018 | APPEARED IN VOLUME 96, ISSUE 49

Italmatch Chemicals has reached a deal to buy BWA Water Additives from the family-owned investment firm Berwind for an undisclosed amount. Italmatch, an Italian chemical maker owned by Bain Capital Private Equity, says BWA will broaden its expertise in industrial water-management chemicals. Berwind bought BWA, a Chemtura spin-off, for $300 million in 2011. Separately, Italmatch has signed an agreement to build a $300 million phosphorus chemical complex in Saudi Arabia with Sadiq Industries.

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