Announced
Completed
Synopsis
Epsilyte, a provider of advanced materials, completed the acquisition of StyroChem Canada, a producer of expandable polystyrene, from PMC Capital, a private equity firm. Financial terms were not disclosed. “We are thrilled to complete this acquisition and we welcome the StyroChem associates to the Epsilyte team. Our advanced materials are already key enablers of carbon neutrality due to their almost unmatched insulative properties. This acquisition further strengthens our ability to enhance our portfolio through StyroChem’s unique and efficient operational technology enabling us to better serve customers with more sustainable products and true value creation,” Brad Crocker, Epsilyte President and CEO.
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