Demilec: Sun Closes Sale of Demilec

Sun Capital Partners has closed on the sale of its portfolio company Demilec, one of North America's largest manufacturers of spray foam insulation, to Huntsman Corporation for $350 million. Sun Capital acquired Demilec in September 2013. Demilec manufactures both rigid and semi-rigid spray polyurethane foam (SPF) insulation that is used in residential and commercial applications. [...]The post Sun Closes Sale of Demilec appeared first on Private Equity Professional.