Mexichem buys in US

Mexichem buys in US

M&A

Mexichem has announced a second international acquisition in less than a month with a $630m deal to buy US-based Dura-Line Corporation. CHS Capital, a Chicago-based middle-market private equity firm, is selling the high-density polyethylene product maker. Dura-Line has annual sales of around $625m, according to CHS’s website. The acquisiton comes after Mexichem chief executive Antonio Carrillo said in second-quarter financial reports that the company maintained an “active acquisition pipeline co

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