Announced
Completed
Financials
Tags
Majority
Friendly
Private
ingredients
Domestic
specialty chemicals
Completed
Acquisition
Single Bidder
United States
Specialty Chemicals
Synopsis
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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