Arkema to acquire the ArrMaz for $570m from Golden Gate Capital.

Arkema has acquired of ArrMaz, a US-based leader in specialty surfactants for crop nutrition, mining and infrastructure for $570m. ArrMaz offers tailored and sustainable solutions for the specific and ever-changing needs of its customers in a variety of industrial markets. ArrMaz is a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets with sales of $290m and 18% EBITDA margin. Combined with Arkema’s strong expertise in formulation and specialty surfactants, this acquisition will join two organizations that are highly complementary in terms of geography as well as commercial and technological capabilities. “We are excited to join forces with Arkema after a successful long-term partnership with Golden Gate Capital. Under their ownership, we expanded and improved the technical performance of our core product suite, entered attractive new markets such as lithium flotation and proppant dust control, and expanded our research and development capabilities and facilities worldwide. We look forward to continuing to provide our customers with the highest quality chemical solutions and unrivaled end-to-end support as we enter this next chapter of our growth.” Dave Keselica, ArrMaz CEO.