Sale of Emerald Performance Materials to American Securities completed

Emerald Performance Materials, LLC, has announced that it has completed the sale of the company to an affiliate of private equity firm American Securities LLC. Emerald has been an affiliated portfolio company of Sun Capital Partners since 2006.

Headquartered in Cuyahoga Falls, Ohio, Emerald’s industry-leading brands serve a wide range of end markets, including flavours and fragrances, food and beverage, personal and household care, composites, structural adhesives, coatings and plastics.

The speciality chemical manufacturer’s portfolio includes benzoic acid and derivatives such as fragrance ingredients and plasticisers, speciality resins, reactive liquid polymers and modifiers, antioxidants, accelerators, colourants, foam control products and other additives. Terms of the private transaction were not disclosed.