EnPro Divests Polymer Components Business
10 September 2021
EnPro Industries, an industrial technology company, announced the sale of its polymer components business to Edgewater Capital Partners, a private investment firm focused on performance materials, based in Cleveland, Ohio. Financial terms were not disclosed.
The polymer components business is headquartered in Houston, Texas, with two production facilities in Texas and a smaller site in Pennsylvania. Under Edgewater ownership, the organization will be renamed Altamira Material Solutions.
“We are very appreciative of our colleagues’ dedication to producing high-quality products and providing reliable service that our customers have come to expect,” said Eric Vaillancourt, Interim President & CEO of Enpro. “We wish for their continued success as they move forward as Altamira with Edgewater’s support.”
Courtesy of EnPro.