SK Capital Acquires Food Ingredients Company J&K
Private equity group SK Capital Partners has agreed to acquire US company J&K Ingredients, currently owned by Core Industrial Partners.
Food ingredients
Celanese and Mitsui Finalize Food Ingredients JV
US chemical group Celanese Corporation and Japanese chemical giant Mitsui & Co have signed a definitive agreement to form a food ingredients joint venture under the name Nutrinova.
Celanese and Mitsui Extend Strategic Partnerships
US chemical group Celanese is extending one existing strategic collaboration with Japan’s Mitsui and establishing a new one. Added to the 50:50 methanol joint venture will be a new 30:70 JV in food ingredients, in which the Japanese partner will hold the majority.
Azelis Expands Asia-Pacific Presence with Chemiplas Acquisition
Consolidation in the distribution sector continues apace. Specialty chemicals and food ingredients distributor Azelis has entered into an agreement to take over Chemiplas, a leading distributor of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands.
IMCD Opens Dubai Office
IMCD, the Netherlands-based specialty chemicals and food ingredients distributor, has opened an office in Dubai, strengthening its presence in the Middle East.
Azelis to Buy Turkey’s Ekin Kimya
In its fifth acquisition so far this year, Azelis has agreed to buy Ekin Kimya, a leading Turkish specialty chemicals distributor active in the pharmaceuticals, food ingredients and laboratory chemicals segments. Financial terms of the deal, which is expected to close in the next three months, were not disclosed.
