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Thursday, 19 September 2019
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Markets & companies, Raw materials market

Sale of Emerald Performance Materials to American Securities completed

Monday, 4 August 2014

By acquiring Emerald Performance Materials American Securities hopes to continue the special chemical manufacturer’s growth.

The transaction between Emerald Performance Materials and American Securities has been completed. Source: Yanik Chauvin- Fotolia.com

The transaction between Emerald Performance Materials and American Securities has been completed. Source: Yanik Chauvin- Fotolia.com

The sale of Emerald Performance Materials, LLC to an affiliate of private equity firm American Securities LLC is completed. Headquartered in Cuyahoga Falls, Ohio, the manufacturer of specialty chemicals has been an affiliated portfolio company of Sun Capital Partners since 2006. The company’s products include benzoic acid and derivatives such as fragrance ingredients and plasticizers, specialty resins, reactive liquid polymers and modifiers, antioxidants, accelerators, colorants, foam control products and other additives. Their brands are used for flavors and fragrances, food and beverage, personal and household care, composites, structural adhesives and coatings and plastics.

Scott M. Wolff, managing director at American Securities, commented, "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.”

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