SK Capital Partners to reinvest in Swiss chemicals company Archroma
Private investment firm SK Capital Partners has announced it will reinvest in Switzerland-based specialty chemicals provider Archroma to support its growth.
Archroma has completed an offering of its credit facilities including a multi-currency revolving credit establishment, a facility for capital expenditures, and term loans.
SK Capital Partners managing director Aaron Davenport said: “We believe Archroma is in a strong position to be a leading market consolidator in these fragmented sectors by executing on a number of attractive acquisition opportunities that can leverage the company’s existing platform and technology base.
“Our new equity investment and recapitalised balance sheet will provide the financial and operational flexibility needed to continue building Archroma’s competitiveness and market position.”
Archroma was initially acquired by SK Capital in 2013. The firm created three non-core divisions within Archroma and established them as an independent and integrated company.
It delivers performance and colour solutions to meet customer needs in markets such as branded and performance textiles; packaging and paper; and coatings, adhesives, and sealants.