Flow Polymers Acquires Dispersion Product Lines from Kenrich Petrochemicals

PRESS RELEASE
FOR IMMEDIATE RELEASE 

Chicago, January 12, 2016 – Geneva Glen Capital, LLC ("GGC"), a private equity firm headquartered in Chicago, IL, is pleased to announce that its portfolio company, Flow Polymers, has acquired several dispersion product lines from Kenrich Petrochemicals, Inc. The product lines acquired include Drimix®, Dryspersion®, Kenmix®, Kenlastic®, Ken-Zinc®, and Ken-Mag®. Terms were not disclosed.

The acquisition further expands Flow Polymers’ broad portfolio of specialty rubber dispersions. The acquired product lines will be manufactured in Flow Polymers’ dispersion manufacturing facility in Cleveland, OH.

About Geneva Glen Capital, LLC

Geneva Glen Capital is a Chicago-based private equity firm that invests in proven private companies with leading market positions, significant growth potential, and stable cash flows. GGC targets companies headquartered in the U.S. or Canada with EBITDA between $3 million and $20 million. GGC invests up to $50 million of equity in each investment and works closely with management teams to establish and execute on a clearly defined value creation and growth plan. The principals of GGC have extensive private equity experience and a unique evergreen fund structure that allows us to pursue control and minority investments, employ creative deal structures, and optimize liquidity decisions without being beholden to fundraising considerations.

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Jeff Gonyo
Managing Director
(312) 525-8501
jgonyo@genevaglencapital.com

Tom Wuellner
Principal
(312) 525-8503
twuellner@genevaglencapital.com

Adam Schecter
Managing Director
(312) 525-8502
aschecter@genevaglencapital.com