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Los Angeles-based private equity firm Aurora Capital Group recently announced that it has acquired DuBois Chemicals Inc. from the Riverside Company. Terms of the transaction were not disclosed.
Founded in 1920 and based in Sharonville, Ohio, DuBois makes specialty chemical solutions for the manufacturing industry in North America and is expanding into selected markets around the world. The company specializes in the areas of metal finishing/paint pretreatment, metalworking/lubricants, water/wastewater treatment, maintenance/equipment cleaning, paper chemicals, food processing cleaning/sanitizing and transportation cleaning.
"We look forward to working closely with Jeff Welsh and DuBois' management team to build the company and help DuBois achieve its business objectives," said Aurora's Mark D. Rosenbaum. "With opportunities to accelerate expansion and product innovation in the specialty chemical solutions and services market, DuBois has a promising growth trajectory and is well-positioned to offer value-added solutions and services to customers throughout North America and abroad."
"Aurora is the right partner for DuBois as we enter the next phase of our company's growth, and we look forward to working with them to achieve our future goals," said Jeff Welsh, DuBois' president and chief executive officer. "I believe that with the continued leadership of our experienced management team, the dedication of our hard-working employees and the operational and financial expertise of our new owners, DuBois will continue to meet the critical needs of our regional, national and international customers and provide them with superior quality, environmentally responsible and cost-effective products for many years to come."
For more information, visit www.auroracap.com.