Valtris Specialty Chemicals: PE-backed Valtrist buys ICT and Baleycourt

Valtris Specialty Chemicals, a portfolio company of H.I.G. Capital, has acquired ICT and Baleycourt from INEOS Enterprises. No financial terms were disclosed. Based in Belgium and the Netherlands, ICT is a producer of chlorinated toluenes and related derivatives while France-based Baleycourt makes products that serve the polymer additives, lubricant, renewable energy and food markets.