Perimeter Solutions (“Perimeter” or the “Company”) is a global specialty chemicals business based in St. Louis, Missouri, comprised of two segments: Fire Safety and Oil Additives. The Fire Safety business is a global market leader in fire management chemicals serving government, municipal, and industrial customers. The Oil Additives business produces high quality phosphorus pentasulfide (“P2S5”) primarily used in the preparation of lubricant additives, as well as in agricultural and mining applications. Perimeter, in addition to being a formulator of chemicals, is a technology and service company which complements its market leading formulations and positions with superior end to end service.
The Company operates across ten sites in North America and Europe and services a global customer base. Perimeter Solutions is a nimble, fast-moving organization and the market leader for both its businesses in terms of innovation, customer partnerships, and scale. The Company is well positioned for growth and the new owners have identified several value creation initiatives that are centered around new channels to market, enhanced utilization and application of the product portfolio, geographical expansion, and a combination of organic and inorganic growth initiatives.
Perimeter Solutions is owned by SK Capital Partners, a private investment firm with a disciplined focus on the chemicals, specialty materials, and pharmaceuticals sectors. SK Capital acquired the Company from Israel Chemical Ltd on March 28, 2018.
Press release: http://perimeter-solutions.com/2018/03/28/sk-capital-closes-acquisition-of-fire-safety-and-oil-additives-businesses/
SK Capital seeks to build strong and growing businesses that create substantial long-term economic value. SK Capital utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio of businesses generates revenues of approximately $6 billion annually, employs more than 8,800 people globally and operates more than 71 plants in 26 countries. The firm currently has approximately $2.2 billion of assets under management. For more information, please visit www.skcapitalpartners.com.