NEW YORK—Flexsys, officially, is back.
One Rock Capital Partners L.L.C. has completed its acquisition of the tire additives business of Eastman Chemical Co.
The business will operate under the name Flexys, a tribute to the legacy name of the business.
"We are excited to partner with the Flexsys management team to build on the company's established reputation and position it for further growth and success," Tony W. Lee, Managing Partner of One Rock, said in a statement. "We look forward to providing the strategic and operational resources needed for a successful transition from a corporate subsidiary to a strong, independent business."
The acquisition is New York-based One Rock's sixth this year.
