Arsenal today completed the previously announced sale of its portfolio company Flowchem, a leading manufacturer of pipeline performance products, to KMG, a global provider of specialty chemicals, for $495 million.
KMG, a global provider of specialty chemicals, today announced it has signed a definitive agreement to acquire Flowchem, a leading manufacturer of pipeline performance products, from Arsenal.
Arsenal announced today that it has expanded its team with the addition of Joseph M. Salley, former Chief Executive Officer of Milliken & Company, as an Operating Partner working within the firm’s Specialty Industrials Group.
