SK Capital to acquire Florachem from Carmelina Capital.

SK Capital, a private investment firm, agreed to acquire Florachem, a manufacturer and supplier of citrus and pine derivatives for formulators of industrial products, from Carmelina Capital, an investment firm. Financial terms were not disclosed. “Jon Leonard and his team have built a tremendously successful platform with an industry-wide reputation for customer service, reliability, and quality. We look forward to partnering with the Florachem team to continue to service its customer and supplier bases, expand the platform’s reach and capabilities, and accelerate growth," Mario Toukan, SK Capital Managing Director.