SK Capital, Which Pulled $922 Mln Ascend Dividend Last Year, Acquires Calabrian
Today, SK Capital Partners said it had recapped Calabrian Corp., which provides water treatment chemicals. Financial terms were not disclosed. SK Capital, a private investment firm with offices in New York and Boca Raton, Fla., will have a majority stake in Calabrian. CEO Charles Cogliandro will have a minority stake, or less than 30%. Cogliandro is also staying on as CEO, says Jack Norris, an SK Capital MD.
3 May 2011•2 mins read
