CPE News (12.13.2021) – Polyventive LLC, a portfolio company of Arsenal Capital Partners, has acquired the Surfactants and Dyes & Pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc (Tri-Tex) from SK Capital Partners. Financial terms were not disclosed.
Concurrent with this transaction, Tri-Tex sold its adhesives business to Meridian Adhesives Group.
St-Eustache, Quebec based Tri-Tex is a leading producer of high-performance specialty chemicals focused on the adhesives, sealants, surfactants and textile & paper chemicals markets. Tri-Tex operates in Canada, the United States and Mexico.
SK Capital acquired acquired a majority control position in May 2017, with Natalie Laham and other management shareholders retaining a significant ownership stake in the ongoing entity.
Polyventive LLC, formerly Polymer Solutions Group (PSG), was formed by Arsenal in June 2015 with the acquisition of Peach State Labs, Inc., a leading provider of specialty polymers and performance chemicals.
photo credit: Tri-TexCo
Polyventive Acquires Tri-Tex, Further Expanding its Specialty Chemicals Portfolio
CALHOUN, Ga., Dec. 13, 2021 /CNW/ — Polyventive LLC (“Polyventive”) has acquired the Surfactants and Dyes & Pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc (jointly, “Tri-Tex”) from SK Capital Partners.
Tri-Tex is a specialty manufacturer of surfactants, dyes, pigments, and water-based polymers used in Textile, Personal Care, Cleaning and Industrial applications. Tri-Tex backs its products with comprehensive technical, applications, supply chain and logistics expertise. Tri-Tex has manufacturing facilities in Quebec, Canada and Los Angeles, California.
“The addition of the Tri-Tex team, product portfolio, applications expertise, and manufacturing facilities advance Polyventive’s strategy to become the premier North American developer and supplier of cost effective, environmentally forward solutions in all of our targeted growth areas.” said Zay Risinger, President of Polyventive.
Concurrent with this transaction, Tri-Tex sold its adhesives business to Meridian Adhesives Group.
About Polyventive LLC
Polyventive is a leading North American manufacturer of specialty chemical solutions for the HI&I, Water Treatment, Personal Care, Construction, Soft Floor Covering, and Textile industries. Polyventive’s manufacturing, technical capabilities, applications expertise, and focus on solving customer problems has made it the first choice for industry leading solutions. With manufacturing and logistics facilities located in Northwest Georgia, USA, the company has best-in-industry service levels that underpin its commitment to meeting its customers’ needs.
Contact: info@polyventive.com
SOURCE Polyventive