Announced
Synopsis
SK Capital, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, agreed to acquire Monomers, Polymers and European businesses of Deltech Holdings, a provider of enhanced performance aromatic monomers. Financial terms were not disclosed. "Deltech is a world leader in the production of high-performance aromatic monomers and specialized crystal polystyrene. Deltech offers an attractive product portfolio with leading market positions in niche technologies. Their portfolio includes vinyl toluene, divinyl benzene and para methyl styrene, in addition to their specialty crystal polystyrene. Deltech’s products deliver critical attributes to products across a diverse set of end markets, including coatings and adhesives resins, ion exchange resins, insulation and molded composites, to name a few," Mario Toukan, SK Capital Managing Director.
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