Altas Partners sells NSC Minerals to PE-backed Kissner Group
The parent company of Kissner Group, a Kitchener, Ontario-based bulk, specialty packaged and evaporated salt producer, has acquired NSC Minerals Ltd, a Saskatoon-based provider of salt and calcium chloride products. Terms weren't disclosed. The seller was Canadian private equity firm Altas Partners, which acquired NSC in 2013 from Wynnchurch Capital. NSC, which provides salt for deicing, industrial and agricultural applications, will continue to operate under its existing brand as a Kissner affiliate. Kissner is backed by U.S. private equity firm Metalmark Capital and a vehicle led by Silverhawk Capital Partners and Demetree Salt LLC. Metalmark led the 2015 acquisition of Kissner from TorQuest Partners.
17 January 2019•4 mins read
