SK Capital-backed Tilley-Phoenix Group, an ingredients distributor, completed the acquisition of Callahan Chemical, a chemicals distributor. Financial terms were not disclosed. “We are extremely pleased to complete the acquisition of Callahan Chemical, believing it represents a highly complementary business with shared values and vision as a specialty-focused distributor supported by a strong value-added service foundation. We look forward to partnering with the Callahan team as we enhance the value we bring to existing and new customers,” Jean-Paul Benveniste, Tilley-Phoenix President and CEO.