Category: Mergers/Acquisitions

SK Capital Acquires Chemtura Business Units

SK Capital signed an asset purchase agreement to acquire the Antioxidant and UV Stabilizer Solutions business of Philadelphia-based Chemtura. The transaction is valued at approximately $200 million and is expected to close at the end of 2012 or early 2013.

Hitachi Capital America Enters ABL, Factoring Businesses

Hitachi Capital America said that it has acquired the assets and operations of Michigan-based Hennessey Capital, which will operate as a division of Hitachi Capital America to further improve its capability of providing asset-based lending and factoring to businesses nationwide.