Clariant Corporation, a Switzerland-headquartered global specialty chemical producer and distributor, has acquired Octagon Process LLC (Octagon), a leading supplier of de-icing chemicals for aircraft and runways, for an undisclosed consideration.
Octagon is a leading US manufacturer and supplier of specialty chemical fluids for the commercial, cargo and military aviation markets. Over the past 60 years, the company has evolved into a global leader in the development of cutting-edge and environmentally sensitive deicing and anti-icing fluids.
Clariant is a publicly traded global leader in the field of specialty chemicals. Strong business relationships, commitment to outstanding service and wide-ranging application know-how make Clariant a preferred partner for its customers.
Octagon and Clariant expect that the combination will enable enhanced product and service offerings and the logistical and sourcing strengths of a global organization.
One of Oaklins' teams in the USA advised the seller in this transaction.
Jerome S. Romano
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