Trecora Acquires Chemtrade's Lubricant Additives Business (Lawrence, KS)
November 9, 2023
Trecora LLC, an affiliate of private equity firm Balmoral Funds, has acquired the lubricant additives business of Chemtrade Logistics located in Lawrence, Kansas. The acquired business — a leading North American producer of phosphorus pentasulfide (P2S5) — will be integrated into Trecora's Specialty Chemicals business; financial terms were not disclosed.
- Buyers
- Trecora LLC, Balmoral Funds
- Targets
- Chemtrade Logistics' Lubricant Additives Business (Lawrence, KS)
- Sellers
- Chemtrade Logistics
- Platforms
- Trecora LLC
- Industry
- Manufacturing
- Location
- Kansas, United States
- Transaction Type
- Addon
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