Industry News, Mergers and Acquisitions, Suppliers News

Huntsman to Acquire Gabriel Performance Products

Gabriel had 2019 revenues of approximately $106 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huntsman Corporation reached an agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from funds owned by Audax Private Equity. Under terms of the agreement, Huntsman will pay $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity. Gabriel had 2019 revenues of approximately $106 ...

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