PQ Corp. sold to private equity firm
By
Published: Saturday, 30 June 2007
7 June 2007
Carlyle Group to buy sodium silicate producer PQ Corp. and parent Niagara Holdings for $1,500m.
The future of Philadelphia based PQ Corp. lies away from
owners CCMP Capital Advisors LLC (CCMP), after an agreement was
struck to sell the sodium silicate producer to private equity
group, The Carlyle Group. A $1,500m. deal was agreed
between CCMP, formerly part of JP Morgan Partners LLC,
and...