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H.I.G. Capital

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HIG Capital Acquires the Building Block Chemicals Division of Cytec Industries

HIG Capital completed the purchase of the Building Block Chemicals (“BBC”) division of Cytec Industries Inc.

Miami, FL, November 12, 2011 --( Based outside of New Orleans, BBC is a leading manufacturer of sulfuric acid, acrylonitrile, and melamine, which are key intermediate chemicals critical for the manufacturing of a broad array of products used in plastics, performance coatings, water treatment, agriculture, oil recovery, flooring and furniture. The organization will be rebranded and operate under the name, “Cornerstone Chemical Company."

HIG Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. HIG specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.

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HIG Capital
Rick Rosen

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