Latour Capital to acquire barium, strontium and sodium percarbonate business of Solvay.

Latour Capital, an independent French private equity company, agreed to acquire barium, strontium and sodium percarbonate business of Solvay, a chemicals company. Solvay’s barium and strontium business includes a joint venture with Chemical Products Corporation, an inorganic chemical manufacturer. Financial terms were not disclosed. “We have established a global leadership position in the technical-grade barium and strontium business with a diversified customer base. Building on this strong foundation, the new owner has shown a strong willingness to develop the business and its employees further,” Rodrigo Elizondo, Solvay Special Chem business unit President.