United Initiators is pleased to announce today that it has acquired Syrgis Performance Initiators (SPI) from Syrgis Performance Products which is owned by Edgewater Capital Partners.
SPI is a leading manufacturer of customer tailored formulations of ketone peroxides in North America and Europe and benzoyl peroxides in North America. Both products are organic peroxide initiators used in the production of thermoset composite materials. Headquartered in the US, SPI has a global reach with manufacturing locations in the US and Sweden in addition to trading operations in Shanghai.
Acquiring SPI will enable United Initiators to expand its product range and geographic reach. The acquisition will provide United Initiators with improved access to the organic peroxides markets across the Americas, Europe and Asia-Pacific in addition to a strong global persulfates position, facilitating opportunities for future growth and expansion.