Announced
Synopsis
Investindustrial, a private equity firm, agreed to acquire Delta Tecnic, a global specialty chemical manufacturer producing masterbatches dedicated for the cables and PVC industries. Financial terms were not disclosed. "We are excited about Delta Tecnic’s growth potential and look forward to supporting the Company in the next phase of its growth, leveraging our deep industrial experience in transforming companies into global leaders as well as our operational enhancement teams in areas such as production and ESG. We believe Delta Tecnic is the right platform to implement a further globalization strategy that is core across the businesses we invest in," Andrea C. Bonomi, Investindustrial Founder and Advisory Board Chairman.
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