Mitsubishi Chemical Acquires Gelest from New Mountain Capital

  Enquiry / contact me

New acquisition of american organic and inorganic hybrid chemicals manufacturer will bolster technology platform

Mitsubishi Chemical Acquires Gelest from New Mountain Capital
Mitsubishi Chemical Acquires Gelest from New Mountain Capital

Mitsubishi Chemical Corporation, Tokyo announced today that its subsidiary Mitsubishi Chemical America, Inc. (MCA) has entered into a definitive agreement to acquire all of the issued and outstanding shares of Gelest Intermediate Holdings from New Mountain Capital, LLC. Completion of the transaction is expected in 2020, pending customary regulatory review and approval. Gelest is an American innovator, manufacturer, and supplier of silicones, organosilanes, metal-organics, and specialty monomers for advanced technology end markets including medical devices, life sciences, microelectronics, and personal care. Gelest helps customers succeed by assisting them to develop and supply the chemistry to solve their most challenging materials science problems and enable their new product technology.

Strengthening the R&D network 

“We are excited to acquire Gelest as its business fits well within MCC’s long-term strategy,” said Steve Yurich, President of MCA. “Since becoming familiar with Gelest, we have recognized the tremendous capabilities in research and development and production that help create its outstanding position with key customers. Furthermore, MCC’s operating resources and customer network will enhance the ability to bring Gelest’s technologies to market and accelerate the development of new customer solutions to drive advances in digital social infrastructure, vision care, and other life-sciences applications. We look forward to working alongside the team at Gelest to drive the continued growth of the company.”

MCC will continue to execute its strategy of enhancing its technology platform, leveraging its extensive R&D capabilities and pursuing new business development opportunities in new markets to drive further expansion in the future.
 

Posted on May 4, 2020 - (50 views)
Related articles
Fuse and Power Distribution Module
Online Water Analysis System
World's Largest PEM Electrolyzer for Green Hydrogen
Efficient Video Inspection of Complex Piping Systems
Teledyne to Acquire FLIR Systems
Redundant Control System for Increased Operational Certainty in Emergency Shut Down Situations
AC Powered Linear Actuator
Safety over Ethernet-APL
New Responsibilities at BASF
Versatile Multi-Purpose Indicator
Handle with CO.RA
The Italian Manufacturer of Rupture Discs
Absolutely Efficient. JUMO dTRANS T09 Cable transmitter for temperature.
SPSConnect: The Digital Automation Hub
Inspiring Sustainable Connections
FLIR GF 77. The Groundbreaking, Affordable OGI Camera
Our Solutions, as Individual as You.
handle with... CO.RA
On-line Turbidity Measurement
Customized Pump Technology. For Life.
Dome Pressure Regulator with Integrated Digital Sensor Technology
Robust Differential Pressure Transmitter
Easy to Install Gas Detection Solution
Flexible Hygienic Tubing
Hermetic Pressure Sensors with High Accuracy
Pressure Sensors in Hydraulic Presses
Wireless Heavy-Duty Transmitter
Sensata Launches New Low Noise Solid State Relays
Multifunctional Transmitters for SIL and Ex Applications
Low-Cost Optical Gas Imaging Camera for Leak Detection
Strenghten Factory Resilience with Unique Solution for Predictive Maintenance
Protect Machines Using Sound, IoT and AI
From Buffalo Mozzarella to Green Energy
Sensor for Easy Condition Monitoring
Flowmeter for the Precise Detection of Media Changeover
Digitalization will be the Number 1 Trend at ADIPEC 2018
Efficient Supply and Transport of Goods
Vial and Bottle Labeller
Spiral Retaining Ring
Portable Area Lighting System 9455Z0 RALS