Announced
Completed
Synopsis
HIG Capital-backed Vantage Specialty Chemicals, a vertically-integrated provider of naturally derived ingredients, completed the acquisition of Jeen International, a privately held global supplier for the personal care, cosmetic, flavor & fragrance, and pharmaceutical markets. Financial terms were not disclosed. "We are highly impressed with JEEN’s close customer relationships reinforced by its innovation, creativity and responsiveness. Our team has long admired JEEN’s solutions-based approach to rapidly develop tailor-made blends meeting its customers’ requirements. In addition, the acquisition of JEEN fits squarely within our strategy to expand Vantage’s capabilities in personal care and food ingredients, which now represent over two-thirds of Vantage’s business," Steve Doktycz, Vantage CEO.
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