ANGUS Chemical Completes Divestiture from Dow
Private equity firm Golden Gate Capital recently announced that the acquisition of ANGUS Chemical Co. from The Dow Chemical Co. is complete. ANGUS will continue to be led by its current senior management team. In addition, ANGUS will continue to honor all customer, licensing, and supplier contracts and related agreements.
“We strongly support ANGUS management and believe their strategic vision for the company will drive long-term success,” said Rajeev Amara, managing director of Golden Gate Capital. “Looking ahead, we are focused on working with the ANGUS team to invest in targeted growth areas through their Customer Application Centers as well as in their people, capacity, and next-generation R&D pipeline.”
“While our ownership has changed, our commitment to our customers remains stronger than ever,” said Mark A. Henning, president and CEO of ANGUS. “We look forward to working with our new partners to continue our positive momentum in the marketplace—driving growth at the local level by constantly proving how ANGUS chemistry helps our customers’ products and processes perform better.”
For more information, visit www.dow.com.