US private equity firm acquires mining-chem company ArrMaz

07 January 2013 17:45  [Source: ICIS news]

HOUSTON (ICIS)--Golden Gate Capital has acquired mining-chemicals producer ArrMaz Custom Chemicals from Snow Phipps, another private equity firm, an investment bank said on Monday.

Financial terms were not disclosed, said The Valence Group, which advised Golden Gate Capital on the deal.

In addition to mining chemicals, ArrMaz also produces fertilizer chemicals, nitrogen additives and products used in asphalt paving. ArrMaz also has a water-treatment consulting business.

By: Al Greenwood
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