American Industrial Partners
Canvas Category Consultancy : Company : Private Equity
American Industrial Partners is an operationally-oriented middle-market private equity firm that makes control investments in industrial businesses serving domestic and global markets. The Firm has deep roots in the industrial economy and has been active in private equity investing across three economic cycles. AIP invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with sales greater than $500 million.
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American Industrial Partners to Acquire Veolia North America’s Sulfuric Acid Regeneration Business
American Industrial Partners (“AIP”) announced it has acquired the Sulfuric Acid Regeneration Business (“the Company”) of Veolia North America, which includes its sulfuric acid and potassium hydroxide regeneration, sulfur gas recovery, and sulfur-based products production businesses. The company has been renamed Nexpera, with the mission to bring next-level expertise for industrial chemistry to its customer base.
A provider of mission-critical circular economy environmental services and products, the Company helps refineries cleanly process sulfur gas and regenerate spent sulfuric acid and potassium hydroxide which are critical to the alkylation process. In addition, the Company manufactures sulfuric acid and sulfur derivatives for a broad range of industrial processes, including semiconductor production, gold and copper mining, and EV battery production.
Sulfuric acid is the world’s largest volume industrial chemical and is used in many industries, including as a catalyst in alkylate production where the Company is a U.S. industry leader supporting refinery customers to regenerate spent sulfuric acid back to original properties for reuse. The Company also regenerates and converts sulfuric acid, sulfur gas and elemental sulfur into merchant sulfuric acid and high-value sulfur derivatives for industrial end uses, including fertilizers, metals, personal care, water treatment, and chemical processing. Headquartered in Newark, Delaware, the Company operates 13 facilities, including five onsite at refineries, and employs approximately 300 full-time employees across the U.S.
American Industrial Partners To Acquire AGCO’s Grain & Protein Business
American Industrial Partners, an industrials investor, announced it has acquired the Grain & Protein division of AGCO Corporation (NYSE: AGCO), one of the world’s largest designers, manufacturers and distributors of agricultural machinery and precision agriculture technology. The acquired Company designs, manufactures, and globally markets grain storage and seed processing equipment and solutions as well as feeding, watering, climate management and control systems for worldwide protein production, principally poultry, swine, and egg. AGCO Grain & Protein’s solutions are mission critical to agribusinesses looking to maximize the quality, yields, and value of their products.
American Industrial Partners to Acquire Aker BioMarine’s Feed Ingredients Business
American Industrial Partners (“AIP”), a global industrials investor, announced it has acquired an ownership position in Aker BioMarine’s Feed Ingredients segment. Feed Ingredients will be held by a newly established company (“Aker BioMarine Antarctic Holding II AS”), which will be owned 60% by AIP and 40% by Aker ASA (via its wholly owned subsidiary Aker Capital AS). The Company is the world’s only industrial-scale krill harvester and brings a natural, sustainable, and health-promoting source of nutrients into both animal and human nutrition.