Golden Gate to exit ArrMaz in $570 mln sale [Reuters]
ARKEMA S/ADR (ARKAY)
NASDAQ:AMEX Investor Relations:
arkema.com/en/investor-relations
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Source: Reuters
Golden Gate to exit ArrMaz in $570 mln sale Golden Gate Capital ArrMaz Arkema Group PRESS RELEASE Golden Gate Capital to Sell ArrMaz to Arkema Group SAN FRANCISCO–(BINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, today announced that ArrMaz, a global leader in specialty chemicals, has entered into a definitive agreement to be acquired Arkema Group (“Arkema”) (PA:AKE) for approximately $570 million. Arkema is a global manufacturer of specialty chemicals and advanced materials used across a range of industries. ArrMaz’s management team, led Chief Executive Officer Dave Keselica, will continue to lead ArrMaz after the transaction is completed. ArrMaz is a trusted partner to the mining, crop nutrients, asphalt paving, and other growing industries worldwide, providing chemical process aids and additives formulated to improve their customers’ products and processes. For more than 50 years, ArrMaz has delivered customized chemical solutions, engineered applicatio
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