Emerald Kalama Chemical announced that it has reached an agreement to acquire Innospec Widnes Limited (“Widnes”), subject to the standard legally required review processes and approvals. Emerald is a portfolio company of American Securities LLC, a leading private investment firm.
Peter M. Fielder, vice president of Emerald Kalama Chemical’s flavor and fragrance product line stated, “With the acquisition, we are taking a significant step to expand our footprint, global reach and service to customers in the flavor and fragrance industry. The operation in Widnes increases our manufacturing capabilities and provides a great base from which to serve customers in Europe and the rest of the world. The Innospec Widnes products will also complement our current portfolio, roughly doubling the range of materials in our aroma chemical line.”