Readers last week were most drawn to the acquisition of Unifrax by Clearlake Capital (Clearlake Capital to Acquire Unifrax from American Securities): “American Securities LLC and Clearlake Capital Group, L.P. recently announced that Clearlake has partnered with management and signed a definitive agreement to acquire ASP Unifrax Holdings, Inc. from affiliates of American Securities. Financial terms of the transaction were not disclosed.
“‘Unifrax continues to transform the way organizations save energy, reduce pollution and improve fire safety,’ said John Dandolph, president and CEO of Unifrax. ‘We appreciate our long-term partnership with American Securities and thank them for their support. We are excited to partner with Clearlake, which shares our strategic vision to drive growth by investing in our extensive product portfolio while accelerating our pace of technological innovation to make the world greener, cleaner and safer.’”
What merger and acquisition activities are you seeing in your market? I’ve love to hear about them! Please contact me at firstname.lastname@example.org or (248) 786-1704.
Top 5 Hottest News Stories for October 7-13
1. Clearlake Capital to Acquire Unifrax from American Securities
2. NGK Spark Plug to Acquire Oxygen-Related Businesses
3. New Toyota Sienta Features NSG’s Anti-Fog Glass third week in Top 5!
4. CeramTec Welcomes New Employees for Training Sessions
5. RHI Magnesita’s Filius Receives Recognition from Portland Cement Association
This weekly roundup highlights the ceramic, glass, refractories, brick and related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.