Novopor (Bain Capital) Acquires Pressure Chemical Company

Novopor Advanced Science Acquires FAR Chemical from CPS Performance Materials Group

January 23, 2026

Manufacturing

Novopor Advanced Science, a Bain Capital–backed performance chemicals and materials CDMO, has acquired FAR Chemical from CPS Performance Materials Group to expand its U.S. footprint and add capabilities in complex specialty chemistries. The deal integrates FAR Chemical's expertise in custom and hazardous specialty chemical manufacturing—serving electronics, aerospace & defense, and coatings/adhesives end markets—into the Novopor platform.

Bain Capital Private Equity Acquires Porus Labs

June 8, 2023

Manufacturing

Bain Capital Private Equity has agreed to acquire Porus Labs, a Hyderabad-based manufacturer of specialty and agricultural chemicals. Bain said it will invest in talent, capacity expansion, process engineering and R&D to build a platform in specialty chemicals and expand Porus Labs' capabilities and market reach; financial terms were not disclosed.

Novvia Group (Kelso-backed) Acquires MegaChem Inc.

March 31, 2025

Industrial Services

Novvia Group, a Kelso & Company-backed national rigid container and life sciences packaging distributor, has acquired MegaChem, Inc., a High Point, North Carolina supplier of pails, drums and other rigid packaging products. Financial terms were not disclosed; MegaChem owner Richard Lewis will remain with the business to support operations and growth as part of the Novvia platform, expanding Novvia's industrial packaging presence in the Southeastern U.S.

Petronas Chemicals Group Acquires Perstorp from PAI Partners

May 17, 2022

Manufacturing

Petronas Chemicals Group Berhad (PCG) has agreed to acquire Perstorp Holding AB from PAI Partners for EUR 2.3 billion on a cash- and debt-free basis. Perstorp, a Sweden-based specialty chemicals manufacturer with ~1,500 employees and global manufacturing and R&D sites, will extend PCG's geographic footprint and specialty-chemicals capabilities pending regulatory and shareholder approvals.

Novvia Group Acquires Andicor Container Distribution (Canada)

February 10, 2022

Industrial Services

Novvia Group has acquired the container distribution division of Andicor Specialty Chemicals (to be rebranded Novvia Group Canada). The acquisition expands Novvia's North American footprint in rigid packaging distribution and is backed by Kelso & Company; financial terms were not disclosed.

Novaria Group Acquires Advanced Coating

January 25, 2022

Manufacturing

Novaria Group, a Fort Worth-based manufacturer of specialty hardware for the aerospace and defense industries, has acquired Advanced Coating, a Rancho Cucamonga-based provider of Parylene conformal coating and surface enhancement services. The deal brings Advanced Coating onto Novaria's platform to expand coating capabilities and support growth across military, avionics, industrial electronics and medical device markets; terms were not disclosed.