CI Capital Partners-backed KIK agrees to buy Chemtura's consumer products unit
Toronto-based KIK Custom Products Inc has agreed to acquire the consumer products business of Chemtura Corp for $315 million in cash. The deal is expected to close on December 31, 2013. Headquartered in Lawrenceville, Georgia, Chemtura's consumer products business is known as BioLab in North America and Bayrol in Europe. KIK is a portfolio company of U.S. private equity firm CI Capital Partners. Update: The company, a manufacturer of consumer, institutional and industrial products, was taken private by CI Capital Partners for $826 million in May 2007.
11 October 2013•3 mins read
