• Download mobile app
04 Aug 2020, Edition - 1848, Tuesday

Trending Now

  • Tamil Nadu will never allow Centre’s three-language policy, CM tells PM Modi; Stalin thanks EPS
  • Digvijaya Singh requests PM to defer Ram temple ‘bhoomi pujan’
  • Health ministry issues preventive guidelines for gyms, yoga institutes

Businesswire

The Valence Group Advises SK Capital on Acquisition of PP&S Division From PolyOne

by businesswireindia.com

Business Wire India

The Valence Group has advised SK Capital on its acquisition of the Performance Products & Solutions division from PolyOne Corporation for $775 million, creating a new leader in plastic compounds named GEON Performance Solutions. The terms of the acquisition were not disclosed. GEON, headquartered in Avon Lake, Ohio, is a global leader in plastic compounded solutions, holding the preeminent global brand in polyvinyl chloride compounds, as well as offering a broad range of formulated polypropylene and other thermoplastic polyolefin products and contract manufacturing services. The Company operates twelve manufacturing locations across both North America and Asia and employs approximately 1,100 people.

 

About GEON Performance Solutions

 

GEON Performance Solutions serves customers in a wide variety of sectors, including appliances, building & construction, electronics, healthcare, transportation, and wire and cable. As a global leader in the formulation, development and manufacture of performance polyolefins and vinyl solutions, GEON works with customers to achieve improved performance in strength, durability, energy efficiency and sustainability.

 

About SK Capital

 

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and pharmaceuticals sectors. The firm builds strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK’s portfolio of businesses generates revenues in excess of $9.0 billion annually, employs more than 10,000 people globally and operates 86 plants in 25 countries. The firm currently has approximately $4.6 billion of assets under management.

 

About The Valence Group

 

The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategy consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm’s offices are located in New York and London.

 

 
Source: Businesswire
COIMBATORE WEATHER