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First buys for Verdant

Houston-based Verdant Specialty Solutions has announced its first acquisitions since being sold by Solvay to OpenGate Capital in April and renamed, in the form of DeForest Enterprises and ParaFlow Energy Solutions from Chemical Services Group of Boca Raton, Florida. Terms were not disclosed.

DeForest is a specialty surfactants company with a range of chemistries including low-foam wetting agents, alkaline-, acid- chlorine- and peroxide-stable surfactants, high- and low-foam amphoteric surfactants, hydrotropes, water-soluble corrosion inhibitors and phosphate esters.

Solvay, Ashland complete buys

Two recent acquisitions that are both largely focused in the personal care arena were both completed almost simultaneously. Solvay completed the sale of its amphoteric surfactant business to OpenGate Capital, while Ashland finalised that of the personal care business of Schülke & Mayr from investment firm EQT.

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