Deal Snapshot
Balmoral Funds Closes Acquisition of Petrochemicals Facility Operator Trecora Resources
Tuesday 28 June 2022

US-based private equity fund Balmoral Funds, LLC has completed the acquisition of US-based specialty petrochemicals facility operator Trecora Resources at a price of USD 9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings, the firm said.

The deal, announced in May, is worth around USD 247m. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market.

Date Published: 28/06/2022