PE-backed Kissner to buy US Salt from Crestwood Equity
The Kissner Group has agreed to acquire US Salt LLC, an Overland Park, Kansas-based bulk salt and specialty packaged salt producer. No financial terms were disclosed for the acquisition, which is expected to close this year. Cambridge, Ontario-based Kissner, which operates in the same industry, said the deal will create a comprehensive consumer and industrial salt franchise. US Salt is being sold by Crestwood Equity Partners. Kissner is backed by U.S. private equity firm Metalmark Capital and a vehicle held by Silverhawk Capital Partners and Demetree Salt LLC. Metalmark led the 2015 buy of Kissner from Canadian private equity firm TorQuest Partners.
6 November 2017•3 mins read
