Italmatch Chemicals acquires Compass Chemical Intl.
Italmatch Chemicals, a leading global specialty chemicals group, has acquired 100% of Compass Chemical Intl., a North American independent chemical company active in the production and marketing of phosphonates and additives for water treatment and for the oil and gas market, from US private equity firm One Rock Capital Partners LLC.
This is the third acquisition in the water treatment industry by Italmatch since Ardian became the major shareholder in June 2014, and falls into the company’s growth strategy through acquisitions aimed at establishing Italmatch as a leading global player in its market sectors.
Italmatch acquired GRS Chemical Technologies S.r.l., a company active in the production of soluble polymers for water treatments and additives for combustion, in December 2014, and Solvay's desalination, phosphonates and phosphonic acid-based water additives business in January 2016.
Italmatch Chemicals is a chemicals group specializing in performance additives for lubricants, water and oil treatment, and plastics, and boasts a wide range of specialty chemicals able to fulfill the requirements of the most demanding applications. It operates six manufacturing plants in Europe (Italy, Spain, Germany and the UK) and four in Asia-Pacific (China and Japan), with sales/distribution subsidiaries in Belgium, Poland, Japan, Singapore, India, China and the US.
Comments