Announced
Financials
Sources
Tags
Majority
Friendly
France
Cross Border
Private
Pending
Acquisition
Private Equity
Single Bidder
Specialty Chemicals
plastic containers
industrial chemicals
Synopsis
Apollo Global, an alternative investment manager, agreed to acquire Kem One Group, a producer and distributor of vinyl-based products. Financial terms were not disclosed. “Alain has built Kem One into one of Europe’s leading chlorovinyls producers. We are tremendously excited to build on Alain’s legacy and further grow and develop the business, whether it is through the planned conversion of the Fos plant to enhance cost and energy efficiencies or the many avenues we see for inorganic growth. At Apollo, we have a long track record in the industry and are excited to leverage our expertise and fund capital to support the talented team at Kem One in this next phase of growth," Samuel Feinstein, Apollo Partner.
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