Announced
Completed
Financials
Tags
industrial drying
contract manufacturer
Single Bidder
Germany
Friendly
granulation services
Diversified Industrials
Acquisition
Cross Border
Majority
Private
Private Equity
Completed
Synopsis
International Chemical Investors Group, the owner of WeylChem and various other chemical operations, completed the acquisition of Inprotec, a contract manufacturer for industrial drying and granulation services, from Paragon Partners, a Munich-base private equity firm. Financial terms were not disclosed. "The acquisition of Inprotec aligns with our long-term strategy to expand our offering in innovative, first-class contract manufacturing services," Achim Riemann, ICIG Director.
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