SK Capital Acquires Majority Interest in Deltech's Monomers, Polymers and European Businesses

Deltech Holdings Acquires StanChem

October 4, 2022

Manufacturing

Deltech Holdings, a portfolio company of SK Capital Partners, has acquired StanChem, Inc., a maker of emulsion polymers and protective coatings. The acquisition makes StanChem a division of the Deltech platform and is intended to expand Deltech's capabilities across the CASE (coatings, adhesives, sealants, elastomers) value chain; terms were not disclosed. StanChem was previously a portfolio company of Artemis Capital Partners.

DalFort Capital Partners (via Key Polymer) Acquires Unichem, Inc.

October 14, 2021

Manufacturing

DalFort Capital Partners, through its affiliate Key Polymer Holdings, LLC (Key Polymer), has acquired Unichem, Inc., a Haw River, North Carolina-based manufacturer of specialty adhesives and custom-formulated chemicals. The acquisition is an add-on to Key Polymer intended to create operational synergies and strengthen the combined companies' position across multiple end markets including automotive, construction and consumer products.

SK Capital Partners Acquires Controlling Stake in Tilley Chemical Company

January 7, 2021

Industrial Services

Funds advised by SK Capital Partners made a controlling investment in Tilley Chemical Company, a Baltimore-based specialty chemical and lubricant distributor. The Tilley family will retain a significant ownership stake and continue to be involved; committed debt financing was provided by Madison Capital to support SK Capital’s investment and the platform’s planned infrastructure and footprint expansion.

SK Capital Acquires Majority Stake in Techmer PM

July 21, 2020

Manufacturing

An affiliate of private investment firm SK Capital Partners has acquired a majority interest in Techmer PM and will recapitalize the Clinton, Tennessee-based materials company. Techmer PM founder and CEO John Manuck will remain a significant shareholder as SK Capital supports the company's global growth and capability expansion.

DalFort Capital Partners Acquires Key Polymer Corporation

January 13, 2020

Manufacturing

DalFort Capital Partners has acquired Key Polymer Corporation, a Lawrence, Massachusetts-based manufacturer of specialty adhesives, sealants and chemical compounds. DalFort intends to use Key Polymer as a platform to grow its specialty chemicals portfolio through operational improvements and add-on acquisitions.

Sinochem International (Overseas) Pte. Ltd. Acquires ELIX Polymers from Sun European Partners

January 11, 2019

Manufacturing

Sinochem International (Overseas) Pte. Ltd. has acquired ELIX Polymers, a leading European manufacturer of ABS resins, from an affiliate of Sun European Partners for an enterprise value of €195 million. ELIX — headquartered in Tarragona, Spain — was owned by Sun European Partners since 2012, during which time the PE owner improved operations and materially increased EBITDA prior to the sale.