Announcing acquisition of Union Derivan by Italmatch

Italmatch Chemicals S.p.A., a specialty chemicals company controlled by PE fund Mandarin Capital Partners and mainly focused on flame retardants and additives for plastics and lubricants, has completed the acquisition of Spanish company Union Derivan SA (Undesa), an oleochemical company with facilities in Barcelona and Zaragoza, from Snia S.p.A.