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New Deal


Announced

Completed

LBB Specialties completed the acquisition of Centerchem.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Private

ingredients

Domestic

specialty chemicals

Completed

Acquisition

Single Bidder

United States

Specialty Chemicals

Synopsis

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LBB Specialties, a distributor of specialty chemicals and ingredients, completed the acquisition of Centerchem, a supplier of functional specialty ingredients. Financial terms were not disclosed. "We are excited by the addition of Centerchem to the LBB Specialties family. Centerchem's highly technical approach and intense market focus has built a strong reputation in the Personal Care and Food & Nutrition markets. We look forward to providing resources and support to expand on Centerchem's long-term principal and customer relationships as we continue to strengthen our LBB Specialties platform. This represents another strategic addition to our portfolio and signifies our deep commitment to being a leader in the North American specialty chemical and ingredients distribution market," Darren J. Birkelbach, LBB CEO.

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