Announced
Completed
Synopsis
CC Industries, a privately-held management company for the operating assets of the Crown Family, completed the acquisition of Foremark, a company that manufactures natural gas sweetening applications and formalin manufacturing for chemical intermediates, from SK Capital, a private investment firm. Financial terms were not disclosed. “SK Capital is privileged to have partnered with Randy Owens and the entire Foremark team. We are proud and appreciative of Foremark’s accomplishments, having become the undisputed leader in natural gas sweetening technologies. We believe Foremark is well-positioned to continue this growth and flourish under the new ownership. We wish CC Industries and all the employees of Foremark every success,” Jack Norris, SK Capital Managing Director.
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