American Securities acquires Emerald Performance Materials

American Securities acquires Emerald Performance Materials

7:14 AM, 2nd August 2014
American Securities acquires Emerald Performance Materials

OHIO, US: Emerald Performance Materials, LLC, has completed the sale of the company to an affiliate of private equity firm American Securities LLC. Terms of the private transaction were not disclosed. Emerald has been an affiliated portfolio company of Sun Capital Partners since 2006. Emerald’s industry-leading brands serve a wide range of attractive end markets, including flavors and fragrances, food and beverage, personal and household care, composites, structural adhesives, coatings and plastics.

“American Securities is committed to supporting the strategic vision of the Emerald management team and investing in continued growth of the company. Emerald represents a compelling investment opportunity and leverages our industry knowledge and track record in the specialty chemicals sector. We look forward to working with management to achieve Emerald’s full potential as the team executes on its strategy to expand its portfolio and global capabilities,” Scott M Wolff, Managing Director, American Securities.

 

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