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Innovative Chemical Products Acquires Benefect to Strengthen Antimicrobial Product Offerings
Thursday 14 March 2019

14 March 2019 - Massachusetts, US-based Innovative Chemical Products (ICP Group) has acquired California, US-based Benefect, a provider of next-generation botanical antimicrobials to strengthen total offerings to customers and channel partners, the company said.

Terms of the transaction were not disclosed.

Benefect will join together with the Fiberlock brand of abatement and restoration solutions, enabling ICP BSG to offer a complete package of environmental solutions to its customers.

ICP Group is a portfolio company of Audax Private EquityICP Building Solutions Group is a supplier of professional products and solutions for building envelope, cementitious and sports surface needs.

Benefect, a producer of disinfectant and cleaning supplies for the environmental remediation industry, is an important addition to ICP Building Solutions Group's growing portfolio of brands for the building and construction industry.
Details
Date Published: 14/03/2019
Target: Benefect
Country: USA
Sector: Chemicals
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Innovative Chemical Products (ICP Group)
Comment:
Terms of the deal were not disclosed

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