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    Home»Deals & Transactions»SK Capital acquires Canlak and Valentus Specialty Chemicals
    Deals & Transactions

    SK Capital acquires Canlak and Valentus Specialty Chemicals

    June 2, 20211 Min Read
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    Funds advised by SK Capital Partners (SK Capital), a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, have acquired Canadian coatings company Canlak Inc, and US-based Valentus Specialty Chemicals.

    SK Capital plans to merge the two businesses to form a single North American wood coatings company called Canlak Coatings, which will be headquartered in North Brunswick, New Jersey.

    “The combined Company will offer a comprehensive portfolio of wood coatings products to serve the sports, commercial and residential flooring, cabinet and furniture manufacturing sectors,” says Mario Toukan, a Managing Director of SK Capital. “We see tremendous opportunity to build upon a solid portfolio of brands, including Canlak, Poloplaz, ABSCO and Sampson Coatings, to provide value and solutions to the Company’s North American customer base.”

    Read more at Private Equity Wire

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    Mergers and acquisitions
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