Private equity powerhouse KPS Capital Partners LP is set to purchase Ineos Composites in a deal valued at €1.7 billion ($1.8 billion), signaling a significant shift in the resin manufacturing landscape. The acquisition, advised by Paul Weiss Rifkind Wharton & Garrison LLP, promises to reshape the industry, merging financial strategy with industrial innovation.
Ineos Composites, a global leader in resin production, creates unsaturated polyester resins, vinyl ester resins, and gel coats used across sectors like building materials, transportation, and wind energy. These products are prized for their ability to enhance material properties such as corrosion resistance, fire retardance, and UV protection, making Ineos a vital supplier for various industries.
Strengthening Market Leadership
KPS Managing Partner Raquel Vargas Palmer praised Ineos Composites’ market dominance and customer loyalty, highlighting its “differentiated product quality, reliability, and technical service capabilities.” She emphasized KPS’ decades-long expertise in process industries, promising to amplify profitability through a focus on innovation and customer experience.
