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Italmatch Chemicals acquires Chinese Jiayou Chemical

  • Region:

    Italy, China

  • Sector:

    Materials

  • Deal Size:

  • Buy Side Company:

    Italmatch Chemicals Group
  • Sell Side Company:

    Ecolab
  • Target Company:

    Changzhou Jiayou Chemical Co Ltd

Global specialty chemicals company, Italmatch, has acquired Chinese Jiayou Chemical, a phosphonate business, PE Hub reported. The seller was Ecolab Inc. No financial terms were disclosed. Italmatch, a producer of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics, is backed by private equity firm Ardian.

Tags:

M&A,mergers and acquisitions,chemicals,M&A deals