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American Securities LLC
American Securities Completes Its Acquisition of GenTek, Inc.
November 14th, 2009
American Securities LLC, a New York-based private equity firm, announces that it has completed its acquisition of GenTek, Inc., a Parsippany, New Jersey-based provider of specialty inorganic chemical products and valve actuation systems and components for automotive and heavy duty/commercial engines. Equity was provided by American Securities Partners V, L.P., a $2.3 billion private equity partnership. GenTek operates through two business segments: performance chemicals and valve actuation systems. The performance chemicals segment provides: (1) water treatment products, primarily used by municipalities, (2) various grades of sulfuric acid as well as sulfuric acid...
Source: Healthcare Mergers, Acquisitions & Ventures Week (2009-11-14)
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