New SI Group emerges as SK completes acquisition

New York – SK Capital Partners has completed its acquisition of global additives and intermediates manufacturer SI Group, the private investment firm announced 15 Oct. Terms of the deal were not revealed.

The deal, it said, combines SI Group, which has sales of around $1 billion, 2,800 employees and 20 global manufacturing facilities with Addivant, part of SK Capital’s portfolio since 2013.

Based in Danbury, Connecticut, Addivant operates 11 manufacturing locations worldwide. It has sales of about $500 million and around 440 employees.

The newly combined company, based…

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