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BASF refocusing sterol ester business with Illinois site sale

BASF refocusing sterol ester business with Illinois site sale BASF Nutrition & Health has agreed to sell its manufacturing site in Kankakee, IL and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there. The sale to One Rock Capital Partners, LLC, a U.S.-based private equity firm is expected to close in the first half of 2021, subject to the approval of the relevant competition authorities. Terms of the transaction were not disclosed. A spokesperson for BASF Nutrition & Health told NutraIngredients-USA that the company is divesting the vegetable oil-based pharmaceutical raw material sterols and natural vitamin E business worldwide, but this represents only a small subset of the global Nutrition & Health business.

United statesNutrition healthRock capital partnersOne rock capital partnersNutraingredients united statesNorth americaCare chemicalsஒன்றுபட்டது மாநிலங்களில்ஊட்டச்சத்து ஆரோக்கியம்பாறை மூலதனம் கூட்டாளர்கள்ஒன்று பாறை மூலதனம் கூட்டாளர்கள்வடக்கு அமெரிக்காபராமரிப்பு இரசாயனங்கள்

BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners

BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners Business & Financial News | December 17, 2020 Global BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners BASF has reached an agreement to sell its manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The businesses have around 160 employees including business management and commercial personnel across the U.S. The transaction is expected to close in the first half of 2021, subject to the approval of the relevant competition authorities. Terms of the transaction were not disclosed.

United statesRalph schweensMelanie maas brunnerR scott spielvogelTonyw leeNutrition healthIndustrial solutionsAgricultural solutionsRock capital partnersOne rock capital partnersCare chemicalsManaging partnerOne rock capitalSurface technologiesAmerican depositary receiptsஒன்றுபட்டது மாநிலங்களில்

One Rock to buy BASF s Illinois manufacturing site and associated specialty chemical businesses

One Rock to buy BASF s Illinois manufacturing site and associated specialty chemical businesses
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United statesLone rockRock capital partnersஒன்றுபட்டது மாநிலங்களில்ஒன்று பாறைபாறை மூலதனம் கூட்டாளர்கள்

One Rock Capital Partners to Acquire Kankakee, Illinois Site and Associated Specialty Chemicals Businesses from BASF

One Rock Capital Partners to Acquire Kankakee, Illinois Site and Associated Specialty Chemicals Businesses from BASF News provided by Share this article Share this article NEW YORK, Dec. 17, 2020 /PRNewswire/ One Rock Capital Partners, LLC ( One Rock ), today announced that one of its affiliates has entered into a definitive agreement to acquire the manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there (the Company ) from BASF. Headquartered outside of Chicago, the Company is a leading manufacturer of a broad range of specialty chemicals derived from natural raw materials. These products serve a diverse array of attractive end markets including home & personal care, food & nutrition, healthcare, and agriculture. The Company employs around 160 employees at its manufacturing site in Kankakee and around the country.

United statesRalph schweensR scott spielvogelTonyw leeAlex jeffrey sam fisherGasthalter coPrnewswire one rock capital partnersRock capital partnersManaging partnerLone rockOne rock capital partnersScott spielvogelOperating partnersஒன்றுபட்டது மாநிலங்களில்அலெக்ஸ் ஜெஃப்ரி சாம் மீனவர்பாறை மூலதனம் கூட்டாளர்கள்

Newswire & Press Release / BASF Reaches Agreement to Sell Site in Kankakee, Illinois to One Rock Capital Partners - Manufacturing / Robotics - BASF

Newswire & Press Release / BASF Reaches Agreement to Sell Site in Kankakee, Illinois to One Rock Capital Partners - Manufacturing / Robotics - BASF
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United statesRheinland pfalzRalph schweensMelanie maas brunnerR scott spielvogelTonyw leeNutrition healthIndustrial solutionsAgricultural solutionsAgency sourceRock capital partnersOne rock capital partnersBanner ad hereRobotics announcementsAffiliate programCare chemicals