International.
H.I.G. Capital ("H.I.G."), a global private equity investment firm with $19 billion of capital under management, announced that its company Valtris Specialty Chemicals has acquired Akcros Holdings Limited.
Valtris is a manufacturer of specialty chemicals used primarily as additives in the production and processing of polymers, sealants and chemical intermediates and was split from Ferro Corporation by H.I.G. in December 2014.
Akcros Chemicals is a supplier of specialty chemicals that are used as additives in the production and processing of polymers, paint and coatings, with operations in Europe and North America. Akcros has two primary production sites in Eccles, UK and new Brunswick, New Jersey, with additional production capacity in Mumbai, India and Guangzhou, China.
The acquisition of Akcros will provide additional manufacturing capabilities, increased product breadth and a global presence to help expand Valtris as a global leader in the polymer additive industry.
