Equistone Partners Europe-backed United Initiators completed the acquisition of Hidrojen Peroksit

Equistone Partners Europe-backed United Initiators, a German chemical firm, completed the acquisition of Hidrojen Peroksit, a single plant producer of different qualities and dilutions of chemicals in Turkey. Financial terms were not disclosed. “The acquisition of HPAS will allow UI to more extensively participate in non-Polymer applications, such as Textile, Mining, Water Treatment, Electronics, Fish and Poultry farming and general Disinfection. Based on its integration into H2O2, UI will develop different value chains and explore options of downstream integration in existing end uses," Ed Hoozemans, United Initiators CEO.