Affilates of SK Capital Partners (SK Capital), a New York-based private investment firm focused exclusively on the specialty chemicals, materials and pharmaceuticals sectors, have completed the acquisition of Valtris Specialty Chemicals (Valtris) from HIG Capital.
Valtris is a global manufacturer of a comprehensive portfolio of specialty additives and precursors, offering solutions and innovative products to customers around the world. Valtris develops products that provide essential performance properties across a variety of applications including plastics, coatings, adhesives and sealants, pharmaceuticals, flavours and fragrances, and personal care products. The Company operates nine manufacturing locations and employs approximately 700 people across North America, Europe and Asia.
Latham & Watkins LLP acted as legal counsel and TM Capital served as financial advisor to SK Capital. Committed debt financing was provided by Cerberus Business Finance, LLC.
