High Street Capital’s (HSC) portfolio company Knight Material Technologies (KMT) has completed the acquisition of Electro-Chemical and its subsidiary Superior Dual Laminates (collectively, EC-SDL).
EC-SDL manufactures and installs anti-corrosive plastic linings and coatings for steel and fibreglass tanks, piping, and other specialty equipment. The acquisition of EC-SDL, which offers a complementary service to KMT’s existing corrosion-resistant ceramic linings, allows the company to broaden its suite of product offerings and become a more complete solution to many of its customers in the chemical process and mining industries. The transaction also provides a platform for KMT and EC-SDL to penetrate new markets, including the ultra-high-purity (UHP) semiconductor chemical market.
