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Chemical Week Magazine :: Specialty Chemicals

Artek Surfin–Galata deal closes

7:22 AM MDT | May 9, 2014

Indian specialty chemicals maker Artek Surfin (Mumbai) announced on 30 April that it has completed acquiring all of Galata Chemicals, the former polyvinyl chloride additives business of Chemtura, for an undisclosed sum. Artek Surfin had previously owned a 50% stake in Galata, with the remainder owned by private equity firm Aterian Investment Partners (New York). Artek Surfin and Aterian bought the business from Chemtura in April 2010 for $37...

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