Nirma Ltd. Acquires Glass Ingredient Producer Searles
Sun Capital Partners Inc. has announced that two of its affiliated
portfolio companies, Searles Valley Minerals Operations Inc. and
Searles Valley Minerals Inc., have been sold to Nirma Ltd., a producer
of synthetic soda ash in the world. Searles Valley is a producer
of inorganic chemicals, including soda ash and borate. Soda ash
is an integral ingredient for manufacturing glass. Borate products
are used in a wide variety of applications, including specialty
glasses and ceramics.
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