Investment firm Golden Gate Capital announced that specialty chemicals supplier ArrMaz entered a definitive agreement to be acquired by Arkema Group for approximately $570 million. Arkema is a global manufacturer of specialty chemicals and advanced materials used across a range of industries. ArrMaz supplies chemical process aids and additives. The transaction is set to close this summer, subject to customary closing conditions. Lazard Middle Market and Moelis & Co. acted as financial advisors to ArrMaz, and Nob Hill Law Group and Kirkland & Ellis served as legal advisors to Golden Gate Capital and ArrMaz. The Valence Group served as financial advisor to Arkema.
Read more