Apollo Global Management has completed its acquisition of Taminco Group Holdings, a producer of alkylamines and their derivatives. The deal was originally announced in December. Terms were not released. -cn
Affiliates of Apollo Global Management, LLC (NYSE: APO – News) (collectively with its subsidiaries “Apollo”) announced today that they have completed the previously announced acquisition of Taminco Group Holdings (“Taminco”), the largest independent global producer of alkylamines and their derivatives. This transaction was originally announced on December 16, 2011.
About Taminco Group
Taminco is the world’s largest pure player of alkylamines and alkylamine derivatives. Alkylamines and their derivatives are key building blocks in a broad array of chemical products that have a wide range of applications. Taminco operates manufacturing facilities worldwide and, together with its global sales network, has approximately 800 employees spread across 17 countries. For more information about Taminco, please visit http://www.taminco.com/.
About Apollo Global Management, LLC
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Apollo has assets under management of more than $75 billion as of December 31, 2011 in private equity, credit-oriented capital markets and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources.