CIM Partners Advises Ackros Chemicals on Sale to Valtris Specialty Chemicals

April 18, 2016 – CIM Partners has advised Akcros Chemicals, based in Eccles, UK, on its sale to Valtris Specialty Chemicals, a portfolio company of H.I.G. Capital.  The terms of the transaction were not disclosed.

Akcros Chemicals (“Akcros”) is a provider of specialty chemicals used as additives in the production and processing of polymers, paint, and coatings with operations in both Europe and North America. Akcros is well known to its customers for is strong R&D capabilities, customer service orientation and breadth of product offering. Akcros has two primary manufacturing sites in Eccles, U.K. and New Brunswick, NJ with additional production capability in Mumbai, India and Guangzhou, China. The acquisition of Akcros will provide additional manufacturing capabilities, increased product breadth and a global presence helping Valtris Specialty Chemicals (“Valtris”) expand into as a leading global player in the polymer additives industry.

Valtris is a leading provider of specialty chemicals, serving industries as diverse as building and construction, packaging, consumer goods, transportation and oilfield additives. Headquartered in Independence, Ohio, and with seven facilities operating globally, Valtris offers a range of complimentary products for the specific needs of its diverse customer base and continues to be a leader in reliability, responsibility, and quality in the specialty chemicals world. Valtris was carved-out of Ferro Corporation by H.I.G. Capital (“H.I.G”) in December of 2014. Valtris is headquartered in Independence, Ohio, and has seven facilities operating globally. For more information, please visit

H.I.G. is a leading global private equity and alternative assets investment firm with more than $19 billion of equity capital under management.  H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach.  Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 80 companies with combined sales in excess of $30 billion. For more information, please refer to