SK Capital Closes Acquisition of Valtris Specialty Chemicals from H.I.G. Capital.

MANews-(C)2009-2022

Affiliates of New York-based private investment firm SK Capital Partners affiliates have completed the acquisition of US-based Valtris Specialty Chemicals from US-based alternative investment firm H.I.G. Capital, the firm said.

Valtris, headquartered in Independence, Ohio, is a leading global manufacturer of a portfolio of specialty additives and precursors, offering solutions and innovative products to customers around the world.

Valtris develops products that provide essential performance properties across a range of applications including plastics, coatings, adhesives and sealants, pharmaceuticals, flavors and fragrances, and personal care products.

The company operates nine manufacturing locations and employs approximately 700 people across North America, Europe and Asia.

Latham and Watkins LLP acted as legal counsel and TM Capital served as financial advisor to SK Capital. Committed debt financing was provided by Cerberus Business Finance, LLC.

SK Capital is a private investment firm with a disciplined focus on...

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