Acuren Corporation completes $1.85bn acquisition and rebrands

Acuren Corporation completes $1.85bn acquisition and rebrands

Acuren Corporation, formerly known as Admiral Acquisition Limited, has successfully acquired ASP Acuren Holdings, Inc. in a landmark deal valued at approximately $1.85 billion. This major acquisition positions Acuren Corporation as a dominant player in the asset integrity services market and signals a new chapter for the company under its new name. Key Details of […]

AMETEK announces $1.9bn all-cash acquisition of Paragon Medical

AMETEK announces $1.9bn all-cash acquisition of Paragon Medical

AMETEK, Inc. (NYSE: AME) announced its definitive agreement to acquire Paragon Medical, a premier provider of engineered medical components, from American Securities LLC, in an all-cash transaction valued at around $1.9 billion. Expanding AMETEK’s Footprint in MedTech Paragon Medical, known for its diverse range of applications including orthopedics, minimally invasive surgery, and robotic surgery, aligns […]

Butterfly Equity to buy human and animal nutrition firm Milk Specialties

Butterfly Equity to buy human and animal nutrition firm Milk Specialties

Butterfly Equity, a US-based investment firm specializing in the food sector, has agreed to acquire Milk Specialties Global, a human and animal nutrition manufacturer, from affiliates of American Securities for an undisclosed amount. The acquisition of Milk Specialties marks Butterfly Equity’s latest investment as part of the equity firm’s “seed to fork” strategy spanning agriculture […]

LANXESS to acquire Emerald Kalama Chemical for $1bn

LANXESS to acquire Emerald Kalama Chemical for $1bn

LANXESS, a German specialty chemicals company, has agreed to acquire US-based Emerald Kalama Chemical for $1.075 billion, inclusive of debt. Emerald Kalama Chemical manufactures specialty chemicals, particularly for the consumer segment. The company is majority-owned by affiliates of American Securities, a US private equity firm. Last year, Emerald Kalama Chemical registered sales of nearly $425 […]