Syrgis performance



Keywords: syrgis performance
Description: MILWAUKEE (July 27, 2012) – Syrgis Performance Products, LLC of Cincinnati, Ohio, has completed the sale of its subsidiary Syrgis Performance Initiators (“SPI”) to United

MILWAUKEE (July 27, 2012) – Syrgis Performance Products, LLC of Cincinnati, Ohio, has completed the sale of its subsidiary Syrgis Performance Initiators (“SPI”) to United Initiators. Grace Matthews advised Syrgis Performance Products on the transaction.

SPI is a manufacturer of ketone and benzoyl organic peroxides used to initiate chemical reactions in combination with unsaturated polyester, vinyl ester, styrenic or other resins in the creation of fiber-reinforced and unreinforced composite products. SPI is the leading manufacturer of methyl ethyl ketone peroxides (MEKP) in North America and is ranked third in the world in organic peroxides for plastics and reinforced thermoset composites.

SPI’s headquarters and North American manufacturing facility are located in Helena, Arkansas. The Company’ European operations are headquartered in Stockholm, Sweden with manufacturing located in Köpmanholmen, Sweden. SPI also has a trading operation based in Shanghai, China.

The acquisition of SPI will enable United Initiators, a market leader in peroxide chemicals, to expand its product offerings and geographic reach with improved access to the organic peroxides markets across the Americas, Europe and Asia.

“There are significant synergies in the combination of United Initiators and SPI, and we expect that the combined operations will become one of the top global providers of highly specialized organic peroxides,” said Kevin Yttre, a Director in Grace Matthews’ Chemical Practice. “With their complementary product lines, distribution networks, and technical service capabilities, the combined companies will offer enhanced value to their customers and have the ability to achieve deeper market penetration.”

Syrgis Performance Products, LLC is a holding company that owns a diversified portfolio of specialty chemical manufacturers. Each of its independent subsidiaries is distinguished by its high quality products, technological leadership, and niche market focus. Syrgis Performance Products is currently owned and managed by the private equity firm Edgewater Capital Partners.

United Initiators is a market leader in high-grade peroxide chemicals. Its core competence is the production of organic peroxides and persulfates, which have applications to all fields of chemical synthesis, from paper to astronautics. United Initiators is a major global persulfate manufacturer. Headquartered in Pullach, Germany, the company also has production facilities for organic peroxides in the United States and Australia as well as for persulfates in China. United Initiators is owned by Vision Capital (London and New York) and Speyside Equity (Philadelphia, PA).

Grace Matthews, Inc. a Milwaukee, Wisconsin-based investment bank, provides merger, acquisition and corporate finance advisory services to private and public companies. Grace Matthews’ chemical practice is known globally for its expertise in completing successful chemical industry transactions dating back to the early 1990s. Grace Matthews’ principals have completed over 60 transactions involving global corporations such as Akzo Nobel, 3M, DuPont, Sherwin-Williams, PPG Industries, Ashland, Ceradyne, DSM, ICI, Borregaard, Air Products, Landec Corporation, The Home Depot, Hexion Specialty Chemicals, Atofina Chemicals, Brush Engineered Materials, Becker Industrial Coatings, RPM International, Courtaulds, Domino Sugar, and Chr. Hansen Laboratories. For more detailed information on Grace Matthews, Inc. visit www.gracematthews.com .






Photogallery Syrgis performance:


North American Composites | Delivering Performance Subscription


erin-f-smith-product- ...


Exited Investments Archives | Triangle Capital CorporationTriangle ...


pik_nadtlenkow.png


orbital.jpg


Catalyst Corporate Finance & Ricardo Composites report Spring 2013


Catalyst Corporate Finance & Ricardo Composites report Spring 2013


Catalyst Corporate Finance & Ricardo Composites report Spring 2013


Board of Directors - Fulbright Association


SAMPE Europe/JEC Composites 2009 preview : CompositesWorld


SAMPE Europe/JEC Composites 2009 preview : CompositesWorld


The Key Players in Oilfield Process Chemicals Market | ASDReports


Oilfield Process Chemicals Market: Global Industry Analysis and Forec


Oilfield Process Chemicals Market: Global Industry Analysis and Forec


oilfield-process-chemicals- ...


oilfield-process-chemicals- ...


MGP Launch New Line of Biodegradable Resins


Patent WO2011056832A1 - Process for preparing clustered functional ...


Patent WO2013074265A1 - Adhesive compositions - Google Patents