One Rock Capital Partners Acquires Kankakee Specialty Chemicals Site from BASF (Kensing)

Kensing Acquires Evonik's Hopewell, VA Amphoteric Surfactants and Specialty Esters Operations

November 1, 2022

Manufacturing

Kensing, a One Rock Capital Partners portfolio company, completed the acquisition of Evonik's Hopewell, Virginia amphoteric surfactants and specialty esters manufacturing operations. The add-on expands Kensing's plant-based surfactant and ester product portfolio, strengthening its position in the personal care and home care markets.

Kensing (One Rock Portfolio) Acquires Vitae Naturals

June 28, 2022

Manufacturing

Kensing, a One Rock Capital Partners portfolio company, has acquired Vitae Naturals, a Spanish manufacturer of plant sterol esters and non-GMO natural vitamin E derivatives. The acquisition expands Kensing's European footprint and strengthens its food, nutrition and personal care ingredient offerings.

One Rock Capital Partners Acquires Eastman Chemical's Tire Additives Business (Flexsys)

November 1, 2021

Manufacturing

One Rock Capital Partners has completed the acquisition of Eastman Chemical Company's tire additives business and renamed the standalone company Flexsys. The business, a global leader in specialty rubber chemicals with more than 500 employees and multiple production sites and technology centers, will be run independently with support from One Rock to drive growth and operational improvement.

Kensing Acquires Advanced Organic Materials (AOM)

October 4, 2023

Manufacturing

Kensing, a One Rock–backed specialty ingredients manufacturer, has acquired Advanced Organic Materials (AOM), a producer of non‑GMO plant‑based Vitamin E and phytosterols. The add‑on expands Kensing’s natural Vitamin E and phytosterols product portfolio, strengthens sourcing and geographic reach (operations in Spain and Argentina), and opens new end markets across nutrition, personal care, food and beverage.

Bain Capital and Cinven to Acquire Lonza Specialty Ingredients

February 8, 2021

Manufacturing

Bain Capital Private Equity and Cinven have entered into definitive agreements to acquire Lonza Specialty Ingredients (LSI), a division of Lonza AG, for a total enterprise value of CHF 4.2 billion. LSI, headquartered in Basel, Switzerland, is a global provider of specialty chemicals for microbial control with ~2,800 employees, and the consortium intends to invest in R&D, bolster production capabilities and use LSI as a platform for buy-and-build consolidation in the sector; the transaction was expected to close in H2 2021.

SK Capital Acquires J&K Ingredients from CORE Industrial Partners

October 11, 2023

Food & Beverage

Funds advised by SK Capital Partners have acquired J&K Ingredients from CORE Industrial Partners. The acquisition, completed November 20, 2023, positions SK Capital to build a clean-label food & beverage ingredients platform around J&K's specialty preservative and bakery ingredient capabilities; debt financing was provided by KeyBanc Capital Markets, Kayne Anderson Private Credit, and Benefit Street Partners.