Announced
Completed
Financials
Tags
United States
polyurethane products
Chemicals and Synthetic Fibres
Merger
foam products
Private Equity
Acquisition
Private
Single Bidder
Friendly
Completed
Synopsis
One Rock Capital-backed FXI, a producer of foam solutions, completed the acquisition of Bain Capital-backed Innocor, a producer of polyurethane foam products. Financial terms were not disclosed. "This is an incredibly exciting day for FXI, its talented employees and valued, longstanding partners. As a newly combined company utilizing the expertise of an integrated management team and significantly enhanced manufacturing and logistical capacity, FXI is positioned to deliver an expanded range of high-quality solutions to our customers faster and more efficiently," Harold J. Earley, FXI President and Chief Executive Officer.
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