Italian specialty additives manufacturer Italmatch Chemicals agreed to purchase the majority of shares of Alcolina, a Brazilian chemicals company specialized in water treatment for bioethanol, sugar production and industrial applications. Financial details of the transaction were not disclosed.
Dussur, the Saudi Arabian Industrial Investments Company, has agreed to buy a stake in Italian specialty additives manufacturer Italmatch Chemicals from private equity group Bain Capital. The Riyadh-based group will also invest €100 million in Italmatch as a capital increase.
Italmatch, an Italian multinational specialty chemicals company, has started building a second flame retardants manufacturing plant in China. The expansion will expand capacity of the compay’s Phoslite range, which is based on inorganic phosphinates.
Italian multinational specialty chemicals company Italmatch has acquired Aubin Group from investment firm BGF, its owner since October 2013. Financial terms of the transaction were not disclosed.
