Announced
Completed
Financials
Tags
Disposal
Specialty Chemicals
Friendly
Acquisition
Cross Border
Canada
Majority
Private Equity
Single Bidder
chemical manufacturing
Completed
hydrogen peroxide
Private
Synopsis
Equistone-backed United Initiators, a manufacturer of organic peroxides, persulfates and hydrogen peroxide, completed the acquisition of PeroxyChem Canada, a chemical plant in Prince George, Canada. Financial terms were not disclosed. The agreement to divest the Canadian H2O2 plant to United Initiators will address the Canadian Competition Bureau and US Federal Trade Commission’s competition concerns in the H2O2 markets in the Pacific Northwest if Evonik acquired Peroxychem.
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