Samyang Holdings Acquires Verdant Specialty Solutions from OpenGate Capital
December 18, 2023
Samyang Holdings has acquired U.S.-based specialty chemical manufacturer Verdant Specialty Solutions from private equity firm OpenGate Capital for approximately USD 250 million. Verdant — a Texas-headquartered supplier of amphoteric and non-ionic surfactants with ~USD 210M revenue and roughly 300 employees — will become a subsidiary to strengthen Samyang's specialty chemicals capabilities and support its global expansion.
- Buyers
- Samyang Holdings
- Targets
- Verdant Specialty Solutions
- Sellers
- OpenGate Capital
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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