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Company type | Private |
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Industry | |
Founded | 2008 |
Headquarters | , United States |
Key people |
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Parent | |
Website |
www |
Vantage Specialty Chemicals, Inc. is an American speciality chemicals company headquartered in Chicago, Illinois. Vantage operates through four business units: Personal Care, Performance Materials, Oleochemicals, and Foods. [1]
Its Personal Care unit provides chemical ingredients for hair, skin, sun care and other cosmetic products. [2] [3] Vantage Performance Materials produces chemicals with applications in oil and gas, food production, lubricants, precision cleaning and other industry specialties. [4] Vantage is one of the largest oleochemical producers in the United States. [5]
Vantage was formed in 2008 when private equity (PE) firm H.I.G. Capital acquired Uniqema's operations in the United States from Croda International. [6] Uniqema was a global oleochemical manufacturer which was acquired by Croda from Imperial Chemical Industries (ICI) in 2006. [7] Under H.I.G.'s ownership, Vantage expanded through a series of acquisitions, including Lambent Technologies in 2008 (which became Vantage's Performance Materials unit) and Lipo Chemicals in 2010 (which became the Personal Care unit). [6] [8] H.I.G. then sold Vantage to mid-market PE firm The Jordan Company in 2012. [6] [8]
In 2016, Vantage acquired baking products maker Mallet & Co., which became the company's Foods unit. [9]
H.I.G. re-acquired majority ownership in Vantage in 2017 via a leveraged buy-out, with Jordan retaining a minority stake. [10] [11] [12] The transaction is expected to close in October 2017. [11]
This article has multiple issues. Please help
improve it or discuss these issues on the
talk page. (
Learn how and when to remove these template messages)
|
Company type | Private |
---|---|
Industry | |
Founded | 2008 |
Headquarters | , United States |
Key people |
|
Parent | |
Website |
www |
Vantage Specialty Chemicals, Inc. is an American speciality chemicals company headquartered in Chicago, Illinois. Vantage operates through four business units: Personal Care, Performance Materials, Oleochemicals, and Foods. [1]
Its Personal Care unit provides chemical ingredients for hair, skin, sun care and other cosmetic products. [2] [3] Vantage Performance Materials produces chemicals with applications in oil and gas, food production, lubricants, precision cleaning and other industry specialties. [4] Vantage is one of the largest oleochemical producers in the United States. [5]
Vantage was formed in 2008 when private equity (PE) firm H.I.G. Capital acquired Uniqema's operations in the United States from Croda International. [6] Uniqema was a global oleochemical manufacturer which was acquired by Croda from Imperial Chemical Industries (ICI) in 2006. [7] Under H.I.G.'s ownership, Vantage expanded through a series of acquisitions, including Lambent Technologies in 2008 (which became Vantage's Performance Materials unit) and Lipo Chemicals in 2010 (which became the Personal Care unit). [6] [8] H.I.G. then sold Vantage to mid-market PE firm The Jordan Company in 2012. [6] [8]
In 2016, Vantage acquired baking products maker Mallet & Co., which became the company's Foods unit. [9]
H.I.G. re-acquired majority ownership in Vantage in 2017 via a leveraged buy-out, with Jordan retaining a minority stake. [10] [11] [12] The transaction is expected to close in October 2017. [11]