NY Shop Aims To Double Size Of Additives Carve-Out

Target: Antioxidant and UV stabilizer solutions business of Chemtura Corp.

Sponsor: SK Capital

Seller: Chemtura Corp.

Executives at SK Capital are already looking at as many as two potential acquisition targets for its newest platform in the plastics industry, firm Founder Barry Siadat told Buyouts.

SK Capital announced on Nov. 12 it had agreed to buy the antioxidant and UV stabilizer product business of Chemtura Corp., the publicly traded specialty chemicals company, in a deal valued at $200 million. The company makes additives that are ...

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