Congratulations to John Goninon who has won the February Pride in Your Place (PIYP) award. The Territory Families, Housing and Communities (TFHC) monthly.
USALCO Completes Acquisition Of AlChem And CalCHEM
MIAMI (BUSINESS WIRE)
H.I.G. Capital ( H.I.G. ), a leading global alternative investment firm with $42 billion of equity capital under management, announced today that its portfolio company, USALCO, LLC (“USALCO” or the “Company”), has acquired Al Chem Specialties, LLC (“AlChem”) and CalChem, LLC (“CalCHEM”). USALCO is a leading provider of specialty chemicals used primarily in the water and wastewater treatment processes and for the manufacturing of refinery catalysts.
Operating as a unified business under common leadership, AlChem / CalCHEM is a leading manufacturer of high-quality specialty chemicals for municipal water treatment and industrial applications and operates premier manufacturing plants in Mentor, Ohio and Modesto, California. AlChem / CalCHEM was founded in 2004 and has grown significantly under the leadership of Founder and CEO Scott Williams over the past two decades. Mr. Williams will join the U
Recochem, an H.I.G. Capital Portfolio Company, Completes Acquisition of Paint Over Rust Products
MIAMI–(BUSINESS WIRE)–#AutomotiveAftermarket–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $43 billion of equity capital under management, is pleased to announce that its portfolio company, Recochem (“Recochem” or the “Company”), a global leader in manufacturing, marketing, and distributing automotive aftermarket and household fluids, has acquired Paint Over Rust Products (“POR”).
Headquartered in New Rochelle, NY, POR develops, manufactures, and markets premium metal restoration products, rust preventative solutions, and related car care accessories under the
POR-15® brand. POR has grown rapidly by building an omni-channel brand in the automotive aftermarket while offering best-in-class product quality and service.
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