CUYAHOGA FALLS, Ohio (Feb. 4, 2008) — Emerald Performance Materials L.L.C. has acquired CVC Specialty Chemicals Inc., whose specialty epoxies, monomers and catalysts are used for structural composites, adhesives, coatings and industrial applications.
Terms of the deal were not disclosed.
Included in the acquisition are CVC´s Epalloy Specialty Epoxy Resins, HyPox elastomer modified epoxy resins, Erisys monomers and modifiers and Omicure catalysts and accelerators, which will continue to be produced at their current locations, according to a statement from Emerald Performance.
Emerald is an affiliated portfolio company of Sun Capital Partners, which said the deal is part of Sun Capital´s "commitment to growing the Emerald franchise."
Emerald said CVC´s offerings are complementary to its Reactive Liquid Polymers product line, making CVC a good match.