Announced
Completed
Financials
Sources
Tags
Single Bidder
Minority
resins
Completed
Egypt
Disposal
Specialty Chemicals
Acquisition
Private Equity
Friendly
polymer manufacturing
Private
Cross Border
Synopsis
Private equity firms Ezdehar and FMO completed the acquisition of a minority stake in Eagle Chemicals, a leading producer of resin and polymer products, from 8 Miles, a private equity firm. Financial terms were not disclosed. "We are very pleased with our investment in Eagle Chemicals. We have had a very good working relationship with the founders and senior management team and helped supporting them in achieving strong growth and development over the last seven years. We want to thank them and wish them all success over the coming years," Johan Fransson, 8 Miles Principal.
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