Divestiture • Chemicals

KPS Capital Partners Acquires PEMCO

On March 16, 2022, private equity firm KPS Capital Partners acquired chemicals company PEMCO from Prince International

Acquisition Context
  • This is KPS Capital Partners’ 1st transaction in the Chemicals sector.
  • This is KPS Capital Partners’ 1st transaction in Belgium.

Explore All 631 Divestiture Chemicals Deals - Search the Database Free


M&A Deal Summary

Date March 16, 2022
Target PEMCO
Sector Chemicals
Buyer(s) KPS Capital Partners
Sellers(s) Prince International
Deal Type Divestiture

Target Company

PEMCO

Bruges, Belgium
PEMCO is a global manufacturer of porcelain enamels and specialized glass coatings and colorants to a variety of end-market applications. PEMCO provides a wide array of products, including porcelain frits and powders for appliances, cookware, and sanitaryware applications. In addition, the Company provides functional glass enamels for automotive, architectural and container glass applications. PEMCO International is based in Bruges, Belgium.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

KPS Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 21.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

KPS Capital Partners is a private investment firm that targets special situations including turnarounds, restructurings, bankruptcies, and corporate divestitures. KPS' target investment size is $200 million to $2 billion in businesses with minimum revenues of $250 million. The Firm has specific interest in companies engaged in the manufacturing, transportation, and service industries. KPS will not consider investments in high technology, financial services, telecommunications, broadcast media, real estate and natural resources. The Firm's geographic coverage spans the US, Canada, and Europe. KPS Capital Partners was formed in 1991 and is based in New York, New York.


Deal Context for Buyer #
Overall 48 of 55
Sector: Chemicals 1 of 3
Type: Divestiture 21 of 25
Country: Belgium 1 of 1
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Oldcastle BuildingEnvelope

Dallas, Texas, United States

Oldcastle BuildingEnvelope is a manufacturer, fabricator, and distributor of architectural hardware, glass and glazing systems. Oldcastle BuildingEnvelope was founded in 1987 and is based in Dallas, Texas.

Buy $3.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 Howden

Renfrew, United Kingdom

Howden is a provider of mission-critical air and gas handling products, technologies, and services. Howden supports multiple sectors including infrastructure, power generation, oil & gas, wastewater, metals, mining, and transportation. Howden was founded in 1854 and is based in Renfrew, Scotland.

Sell $4.4B

Seller Profile 1

SELLER

Prince International

Houston, Texas, United States

Category Company
Founded 2003
Sector Chemicals
DESCRIPTION

manufacturer of specialty chemicals and industrial additives and acts as a critical link between global suppliers and niche end markets. The company has a unique, integrated organic and M&A driven growth model. Prince is a global, diversified value-added manufacturer of specialty chemicals and additives with an international network across 6 different continents – adding value from source to solution.


Deal Context for Seller #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
Country: Belgium 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 Oxidry Minerais

São Paulo, Brazil

Oxidry Minerais Ltda is a mineral processing company that focuses on color and performance applications of industrial minerals primarily for the glass, foundry and construction markets.

Buy -

Explore Related M&A Activity