HOUSTON—One of the largest geographic regions for the chemical industry in the U.S. just got another major addition. Private investment firm Aterian has merged zinc oxide manufacturers U.S. Zinc Inc. and the recently acquired EverZinc.
Financial terms of the May 31 transaction were not disclosed.
"We're excited to partner with Aterian and the board to lead this new organization forward into the future," said EverZinc CEO Vincent Dujardin, who will lead the combined company as president and CEO. "This strategic combination brings together two industry pioneers. By combining our comprehensive zinc chemistry platforms, employee base, proven R&D and technology capabilities and specializations, we will further our leadership in catapulting the new organization years ahead on the technology curve."
The new company will advance under the EverZinc name, according to Aterian.