Crompton to control machinery JV with private equity company

Hartford, Connecticut–Crompton Corp. and private equity company, Hamilton Robinson LLC have signed an agreement to establish a joint venture which brings together their respective polymer processing businesses. terms were not revealed, but Crompton said it is to have a controlling stake in the new company, which is to be called Davis-Standard LLC.

D-S LLC, headquartered in Pawcatuck, Connecticut, will combine Crompton’s Davis-Standard business and Hamilton Robinson’s Black Clawson Converting Machinery Company (BCCM) and will have approximate annual revenues of $220 million. The joint venture will…

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